Monday, July 5, 2010

Economics 5/7/10: The toll of un- & under-employment

Two interesting charts on the ratios of full-time employed and live register signees to total working age population (note, this combines quarterly data from QNHS with monthly LR data, all expressed in quarterly terms):
I can't spot any turn around in either chart, yet both reflect the extent to which the burden of unemployment and under-employment is impacting this economy - on both sides of equation: for those who lost their work (the truly tragic outcome) and for those who have to cover the nation's bills while remaining in employment (also having tougher times).
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