Comments on: The big picture of US unemployment http://www.moneyhoneyblog.com/the-big-picture-of-us-unemployment/ Aspiring to Spark an Informed Debate on Stock Market Investing, Trading, Financial Spread Betting, World Finance and Economy Thu, 02 Sep 2010 01:27:04 +0100 http://wordpress.org/?v=2.8.6 hourly 1 By: Jobs Jobs Jobs http://www.moneyhoneyblog.com/the-big-picture-of-us-unemployment/comment-page-1/#comment-329 Jobs Jobs Jobs Sat, 23 Jan 2010 13:21:07 +0000 http://www.moneyhoneyblog.com/?p=321#comment-329 Saw your Blog bookmarked on Reddit. Nice Blog. Saw your Blog bookmarked on Reddit. Nice Blog.

]]> By: Ric Ochoco http://www.moneyhoneyblog.com/the-big-picture-of-us-unemployment/comment-page-1/#comment-118 Ric Ochoco Sun, 10 Jan 2010 22:49:37 +0000 http://www.moneyhoneyblog.com/?p=321#comment-118 I'm doing a book report on the cause of the great depression and your blog is proving to be alot of help, but I am looking for even more information. I found this article <a href="http://jonnyblog007.blogspot.com/2010/01/cause-of-great-depression.html" rel="nofollow">cause of the great depression</a> but I'm not sure I believe the 'official' story... I'm looking for the TRUE cause of the great depression, if you have any sources of some other alternative sources for info please hit me back.Thanks I’m doing a book report on the cause of the great depression and your blog is proving to be alot of help, but I am looking for even more information. I found this article cause of the great depression but I’m not sure I believe the ‘official’ story… I’m looking for the TRUE cause of the great depression, if you have any sources of some other alternative sources for info please hit me back.Thanks

]]> By: Yieldpig http://www.moneyhoneyblog.com/the-big-picture-of-us-unemployment/comment-page-1/#comment-92 Yieldpig Fri, 08 Jan 2010 20:41:31 +0000 http://www.moneyhoneyblog.com/?p=321#comment-92 It is pretty hairy here in the States. College graduates are taking $7.50 per hour parking attendant jobs, highly skilled tradesmen taking discount store clerk jobs. The labor pool is deeper and more educated than its ever been. It is pretty hairy here in the States. College graduates are taking $7.50 per hour parking attendant jobs, highly skilled tradesmen taking discount store clerk jobs. The labor pool is deeper and more educated than its ever been.

]]> By: Petra http://www.moneyhoneyblog.com/the-big-picture-of-us-unemployment/comment-page-1/#comment-72 Petra Wed, 06 Jan 2010 04:09:12 +0000 http://www.moneyhoneyblog.com/?p=321#comment-72 I just wonder, at 10%, how long would it take to get back down to say 5%... we can hardly do more than 0.5% (perhaps 1%?) a year... so at that rate, before we get back to 'low' unemployment, there will be another recession to take it straight up again. I suspect the times of very low unemployment may be over. I just wonder, at 10%, how long would it take to get back down to say 5%… we can hardly do more than 0.5% (perhaps 1%?) a year… so at that rate, before we get back to ‘low’ unemployment, there will be another recession to take it straight up again. I suspect the times of very low unemployment may be over.

]]> By: Heraclitus http://www.moneyhoneyblog.com/the-big-picture-of-us-unemployment/comment-page-1/#comment-56 Heraclitus Sat, 02 Jan 2010 18:39:21 +0000 http://www.moneyhoneyblog.com/?p=321#comment-56 Higher highs, and higher lows. Interesting also to look at the participation rate, which has been trending downward since the 99/2000 bull market peak. Rosenberg points out the decline is most severe for the least advantaged/lowest skilled groups - this is not a case of dotcom billionaires choosing to sit out the downturn. [IMG]http://i824.photobucket.com/albums/zz165/heraclituso/partrate.jpg[/IMG] That said, one might consider that the leading indicators from ECRI suggest strong growth ahead, at least for the first part of next year, that ought to feed into a cyclical recovery in job growth (even if the situation is extremely adverse on a long-term horizon). Higher highs, and higher lows. Interesting also to look at the participation rate, which has been trending downward since the 99/2000 bull market peak. Rosenberg points out the decline is most severe for the least advantaged/lowest skilled groups – this is not a case of dotcom billionaires choosing to sit out the downturn.

[IMG]http://i824.photobucket.com/albums/zz165/heraclituso/partrate.jpg[/IMG]

That said, one might consider that the leading indicators from ECRI suggest strong growth ahead, at least for the first part of next year, that ought to feed into a cyclical recovery in job growth (even if the situation is extremely adverse on a long-term horizon).

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