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):
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDFxFsc193YknRFqbU_NLg7LwwzabZNSEUMHWugPfDV85C0zsDgp52gseKjIY6Wo_GNQPcMFVLF-Y8R2yILs0_1FyKfjDUl301tzhUrE46SeYgHPw01qW5nDVkTt6aewAx7Nji5cRSX50G/s400/Screen+shot+2010-07-05+at+22.09.53.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhn9s1_Yf3GSY_7IpOluLsKbz6ySTrq8Okm_NFddMzf0eOvmZy7k1hl-oOwoTpGkl-exyZtGQ3dd5mzXlY8W_M91oE6luOfppu5_Y1oLonZBbufoKYggn67woutO51hcrMfNWVRZaM2LDiQ/s400/Screen+shot+2010-07-05+at+22.06.50.png)
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).
No comments:
Post a Comment