Posts Tagged ‘unemployment’

I always wanted someone to come along and make sense of the unemployment statistics.

Thanks goes out to Mint.com for doing just that!

Enjoy!

The New York Times has posted a slick tool on their website for looking at the unemployment rates for various demographics. It’s amazing (and sad) to see some of the results.

Looking at the demographic I fit into (White, Male, 25-44, College Graduate), it appears that our unemployment rate is a tiny 3.9%. That’s far lower than I would have guessed in this economy. However, looking at other demographics shows a much bleaker picture.

Check out the tool and find your personal unemployment rate!

This just makes me depressed. I read Jobless: 10 percent is tougher than it used to be and now I’m in a funk. We all know that the economic sky is falling, but the conditions of this downturn seem to be taking a greater toll on the unemployed than ever before.

I’m going to take the rest of the night off and find something happier to write about tomorrow.

Over and out.

Stats released a few days ago indicate that the teen unemployment rate is at an all time high.

The unemployment rate for teenagers in the labor force soared to 27.6% in October, up 1.8 percentage points from the month before and hitting a third straight record high

That means that more than 1/4 of teens looking for work can’t find a job.

Seems like the jobless recovery is continuing. It just goes to show that teens (along with everyone else these days) will need to go above and beyond in order to land a position.