Some time ago I started tracking the New Scariest Chart of the Crisis - the one plotting duration of unemployment in the U.S. and here is the latest monthly update:
Data on which the above is based is here:
Background to the chart is here: http://trueeconomics.blogspot.ie/2014/06/662014-king-of-scariest-charts-is-dead.html
1 comment:
How about a chart that shows a composite index with the y-axis the product of the ratio of the wage rate for the new job to the old job times the duration of unemployment? The chart for the current recession would put the others plots in the mud.
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