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July 02, 2009
Geoff's Unemployment Chart -- June Edition
Posted now at IB, with interesting discussion in comments.
Geoff at the Connecticut Meetup: "I color dots!"
Unemployment for June went up only 0.1%, although 467,000 jobs were lost. In May, unemployment increased .5% with 504,000 jobs lost. The difference is because people not actively searching for work are not included within the meaning of "unemployment"--including people who would like to work, but gave up.
Still, it's nice to see a bit of leveling off. We're in the core construction season now, which hopefully means more jobs available. Things could be much worse in the fall.
posted by Gabriel Malor at
11:50 AM
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