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Tuesday, July 6, 2010

12 Charts That Show The Broken State Of The US Labor Market

chart

Last Friday's jobs report suckerpunched bulls who were looking for a sign that the v-shaped thesis was still alive.


Sadly, for the moment, it's still pretty ugly on the jobs front.


To get beyond the headline numbers, we've grabbed the charts showing various components of the labor market, which remains broken.

The civilian-employment ratio remains near historic lows. Hardly bouncing at all.

The civilian-employment ratio remains near historic lows. Hardly bouncing at all.

Image: St. Louis Fed


Average duration of unemployment is going straight through the roof.

Average duration of unemployment is going straight through the roof.

Image: St. Louis Fed


Total civilian employment is slightly off its lows.

Total civilian employment is slightly off its lows.

Image: St. Louis Fed


Total civilian participation bouncing back slightly

Total civilian participation bouncing back slightly

Image: St. Louis Fed


Those unemployed at least 15 weeks still at nosebleed levels

Those unemployed at least 15 weeks still at nosebleed levels

Image: St. Louis Fed


But there's been improvement in the middle, those employed 15-26 weeks

But there's been improvement in the middle, those employed 15-26 weeks

Image: St. Louis Fed


And those employed 27 weeks are longer are in total misery

And those employed 27 weeks are longer are in total misery

Image: St. Louis Fed


Average hourly work week up slightly off the lows

Average hourly work week up slightly off the lows

Image: St. Louis Fed


Financial workers still in decline

Financial workers still in decline

Image: St. Louis Fed


Government employees are doing great

Government employees are doing great

Image: St. Louis Fed


Construction worker earnings have flattned out, but haven't declined

Construction worker earnings have flattned out, but haven't declined

Image: St. Louis Fed


Manufacturing still in the toilet

Manufacturing still in the toilet

Image: St. Louis Fed


BONUS: Weekly claims still stagnating

BONUS: Weekly claims still stagnating

Image: St. Louis Fed

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Full story at http://feedproxy.google.com/~r/businessinsider/~3/wZZpZwsL6tw/12-charts-june-jobs-data-2010-6

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