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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.

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posted by Gabriel Malor at 11:50 AM

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