Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumBikini Graph time! Unemployment rate reaches lowest point in nearly 5 years
Bikini Graph time! Unemployment rate reaches lowest point in nearly 5 years
Its time to bring back the Bikini Graph! As always, red columns point to monthly job totals under the Bush administration, while blue columns point to job totals under the Obama administration.
-snip-
Full post here: http://thepoliticalcarnival.net/tag/bikini-graph/
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
9 replies, 3577 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (4)
ReplyReply to this post
9 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Bikini Graph time! Unemployment rate reaches lowest point in nearly 5 years (Original Post)
Tx4obama
Aug 2013
OP
MannyGoldstein
(34,589 posts)1. How about posting the U6 graph
Which accounts for discouraged workers, part-timers who want full time, etc?
AZ Mike
(468 posts)2. Doesn't matter.
If you use the same assumptions for both periods, you will see roughly the same pattern.
MannyGoldstein
(34,589 posts)5. Well, let's take a look
http://research.stlouisfed.org/fred2/graph/?g=lDY
And that doesn't show the drop in wages, the astonishing increase in the long-term unemployed,metc.
Far worse than any other post-WWII recession, because of the bipartisan love of austeritying the 99%.
And that doesn't show the drop in wages, the astonishing increase in the long-term unemployed,metc.
Far worse than any other post-WWII recession, because of the bipartisan love of austeritying the 99%.
AZ Mike
(468 posts)6. I agree....
....but the trend lines are still the same. The U6 rate will always be up to 80-percent higher than the reported rate.
DCBob
(24,689 posts)7. Those big dips represent bogus economic situations.. both were bubbles.
1996-2000 (dot com bubble)
2004-2007 (housing bubble)
The more norm would be something like in mid 80's which wasn't much better than what we have now.
TheBlackAdder
(28,076 posts)3. Dang! The wrong type of bikini. n/t
Just can't catch a break, not ever Tx~
Thanks for posting this!
gopiscrap
(23,674 posts)8. Yeah, and you won't hear the "liberal" corporate owned
media talk about this much!
quadrature
(2,049 posts)9. the 29 Hour work week ...
whats not to like?