~ Sometimes, One Graph Says It All

jobchg

In the debate over April’s 290,000 jobs added VS April’s increase in the unemployment rate to 9.9 percent (which some claim is really 17.1 percent), this graph seems to best capture my sense of where we are at. From Economix: Source: Bureau of Labor Statistics Horizontal axis shows months. Vertical axis shows the ratio of that month’s nonfarm … [Read more...]