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.
Average duration of unemployment is going straight through the roof.
Total civilian employment is slightly off its lows.
Total civilian participation bouncing back slightly
Those unemployed at least 15 weeks still at nosebleed levels
But there's been improvement in the middle, those employed 15-26 weeks
And those employed 27 weeks are longer are in total misery
Average hourly work week up slightly off the lows
Financial workers still in decline
Government employees are doing great
Construction worker earnings have flattned out, but haven't declined
Manufacturing still in the toilet
BONUS: Weekly claims still stagnating
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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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