Ace of Spades HQ

« How about a hot DOOM! sandwich? | Main | Shocker: Anti-Interventionist, Fighting-Terrorists-Only-Makes-More-of-Them Ex-CIA Official Michael Scheuer No Longer A Go-To Guy For War Analysis »

April 01, 2011

March Unemployment Rate - Part Timers Rule!!

BLS released the March unemployment rate data this morning. Another delicate decline of 0.1% - we're now at 8.8% for the U-3 data (U-6 is down to 15.7%). Most of the numbers didn't change much from last month. One bright note: the Household survey data tells us that we added 291,000 jobs last month!! But here's the dampener: 290,000 of them were part-time jobs.

Here is The Chart. What is striking to me (as I mentioned last month) is how the data is following the shape of the "no recovery plan" curve. It's almost like the job market is following its own natural recovery trajectory, regardless of the stimulus money spent in such a pointless and profligate fashion. Naw - couldn't be.

posted by Geoff at 10:25 AM

| Access Comments


Advertise Here! Intermarkets' Privacy Policy Support Donate to Ace of Spades HQ! Recent Entries Daily News Stuff 9 October 2024 Tuesday Overnight Open Thread (10/8/24) The Farming Grift Cafe Quick Hits Israel Strikes Hezballah Offices in Syrian Capital of Damascus Florida Braces for Milton as the Storm Generates Windgusts of Up to 175 MPH CBS "News" In Full Cover-Up Mode As It Cancels Staff-Wide Racial Struggle Session In Favor of Racially Bullying Employees in "Small Groups" to Prevent Leaks Kamala the Throat GOAT on The View: I Cannot Think of a Single Thing I Would Have Done Differently Than Biden Staff At Doug Emhoff's Law Firm Allege He Was an "Ashole" Misogynist Who Promoted Women Who Were "Pretty" and Punished Women Who "Didn't Flirt Back" With Him Kamala: DeSantis Is Playing Political Games In Refusing to Take My Call DeSantis: This Raggedy-Throated Whore Has Been VP for Four Years and Never Called Me Until One Month Before the Election UPDATED Absent Friends Bandersnatch 2024 GnuBreed 2024 Captain Hate 2023 moon_over_vermont 2023 westminsterdogshow 2023 Ann Wilson(Empire1) 2022 Dave In Texas 2022 Jesse in D.C. 2022 OregonMuse 2022 redc1c4 2021 Tami 2021 Chavez the Hugo 2020 Ibguy 2020 Rickl 2019 Joffen 2014 AoSHQ Writers Group A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info: maildrop62 at proton dot me Cutting The Cord And Email Security Cutting The Cord [Joe Mannix (not a cop)] Cutting The Cord: It's Easier Than You Think [Blaster] Private Email and Secure Signatures [Hogmartin] Moron Meet-Ups Texas MoMe 2024: 10/18/2024-10/19/2024 Corsicana,TX** Contact Ben Had for info	« How about a hot DOOM! sandwich? \| Main \| Shocker: Anti-Interventionist, Fighting-Terrorists-Only-Makes-More-of-Them Ex-CIA Official Michael Scheuer No Longer A Go-To Guy For War Analysis » April 01, 2011 March Unemployment Rate - Part Timers Rule!! BLS released the March unemployment rate data this morning. Another delicate decline of 0.1% - we're now at 8.8% for the U-3 data (U-6 is down to 15.7%). Most of the numbers didn't change much from last month. One bright note: the Household survey data tells us that we added 291,000 jobs last month!! But here's the dampener: 290,000 of them were part-time jobs. Here is The Chart. What is striking to me (as I mentioned last month) is how the data is following the shape of the "no recovery plan" curve. It's almost like the job market is following its own natural recovery trajectory, regardless of the stimulus money spent in such a pointless and profligate fashion. Naw - couldn't be. posted by Geoff at 10:25 AM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b]: "Noodus pixyana ..." Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b]: "First? ..." Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b]: "[i]HOLY CRAP! I MAY GET ON COMMENTS OF THE WEEK! ..." IRONGRAMPA: "Good morning, good people. I hope all effort this ..." Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b]: "Morning, insomaniacals! Milton as of 1 am has w ..." RickZ: "[i]1/2 hour to go Posted by: Skip at October 09, ..." Skip : "1/2 hour to go ..." Born: "It's fascinating to encounter links here that requ ..." Stateless: "3am. Trumpy went outside. Half a beer left. To ..." Stateless: "Jim Sunk New Dawn Galveston, TX zzzz Poste ..." Jim[/i][/b][/s][/u]: "Stateless. Wait for the cats to absorb you. To ..." Stateless: "385 I enjoy your stories of Trumpy the Cat, S ..." Recent Entries Daily News Stuff 9 October 2024 Tuesday Overnight Open Thread (10/8/24) The Farming Grift Cafe Quick Hits Israel Strikes Hezballah Offices in Syrian Capital of Damascus Florida Braces for Milton as the Storm Generates Windgusts of Up to 175 MPH CBS "News" In Full Cover-Up Mode As It Cancels Staff-Wide Racial Struggle Session In Favor of Racially Bullying Employees in "Small Groups" to Prevent Leaks Kamala the Throat GOAT on The View: I Cannot Think of a Single Thing I Would Have Done Differently Than Biden Staff At Doug Emhoff's Law Firm Allege He Was an "A*shole" Misogynist Who Promoted Women Who Were "Pretty" and Punished Women Who "Didn't Flirt Back" With Him Kamala: DeSantis Is Playing Political Games In Refusing to Take My Call DeSantis: This Raggedy-Throated Whore Has Been VP for Four Years and Never Called Me Until One Month Before the Election UPDATED Search Search this site: Polls! Polls! Polls! Real Clear Politics Rasmussen Reports Gallup Frequently Asked Questions What is the Deal with the Cowbell? Why is the Ace of Spades called "the Death Card"? The (Almost) Complete Paul Anka Integrity Kick Primary Document: The Audio Paul Anka Haiku Contest Announcement Integrity SAT's: Entrance Exam for Paul Anka's Band AllahPundit's Paul Anka 45's Collection AnkaPundit: Paul Anka Takes Over the Site for a Weekend (Continues through to Monday's postings) George Bush Slices Don Rumsfeld Like an Fckin' Hammer Top Top Tens Democratic Forays into Erotica New Shows On Gore's DNC/MTV Network Nicknames for Potatoes, By People Who Really Hate Potatoes Star Wars Euphemisms for Self-Abuse Signs You're at an Iraqi "Wedding Party" Signs Your Clown Has Gone Bad Signs That You, Geroge Michael, Should Probably Just Give It Up Signs of Hip-Hop Influence on John Kerry NYT Headlines Spinning Bush's Jobs Boom Things People Are More Likely to Say Than "Did You Hear What Al Franken Said Yesterday?" Signs that Paul Krugman Has Lost His Frickin' Mind All-Time Best NBA Players, According to Senator Robert Byrd Other Bad Things About the Jews, According to the Koran Signs That David Letterman Just Doesn't Care Anymore Examples of Bob Kerrey's Insufferable Racial Jackassery Signs Andy Rooney Is Going Senile Other Judgments Dick Clarke Made About Condi Rice Based on Her Appearance Collective Names for Groups of People John Kerry's Other Vietnam Super-Pets Cool Things About the XM8 Assault Rifle Media-Approved Facts About the Democrat Spy Changes to Make Christianity More "Inclusive" Secret John Kerry Senatorial Accomplishments John Edwards Campaign Excuses John Kerry Pick-Up Lines Changes Liberal Senator George Michell Will Make at Disney Torments in Dog-Hell Greatest Hitjobs The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Margaret Cho: Just Not Funny More Margaret Cho Abuse Margaret Cho: Still Not Funny Iraqi Prisoner Claims He Was Raped... By Woman Wonkette Announces "Morning Zoo" Format John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia World Muslim Leaders Apologize for Nick Berg's Beheading Michael Moore Goes on Lunchtime Manhattan Death-Spree Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears Liberal Economists Rue a "New Decade of Greed" Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility Intelligence Officials Eye Blogs for Tips They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq Leather-Clad Biker Freaks Terrorize Australian Town When Clinton Was President, Torture Was Cool What Wonkette Means When She Explains What Tina Brown Means Wonkette's Stand-Up Act Wankette HQ Gay-Rumors Du Jour Here's What's Bugging Me: Goose and Slider My Own Micah Wright Style Confession of Dishonesty Outraged "Conservatives" React to the FMA An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear The Story the Rightwing Media Refuses to Report! Our Lunch with David "Glengarry Glen Ross" Mamet The House of Love: Paul Krugman A Michael Moore Mystery (TM) The Dowd-O-Matic! Liberal Consistency and Other Myths Kepler's Laws of Liberal Media Bias John Kerry-- The Splunge! Candidate "Divisive" Politics & "Attacks on Patriotism" (very long) The Donkey ("The Raven" parody) Syndicate this site (XML) Powered by Movable Type 2.64