December 03, 2004 October is Koufax Pledge Drive month

Fun with charts and graphs...

Today is Jobs Day, with the monthly release of the Employment Situation Report from the BLS. I'm busy much of the day (have a date with joint compound and sandpaper), but I thought that throughout the day, I'd post a few charts and graphs, mostly on trends not generally discussed in the mainstream press.

First up is a graph on the trends on the percent of the unemployed by duration of unemployment:

duration of unemployment.JPG

While things were looking up this summer for the long-term unemployed, that trend appears to have reversed.

Next up is an update of last year's Worker Bee wages, i.e., hourly wages when adjusted for inflation:

workerbee_wages_nov04.JPG

Once again, things were looking up in the summer, but we're now well below where we were 18 months ago.

(note: fixed error - should have been 1982 constant dollars)

Posted by MB Williams at December 3, 2004 09:25 AM | TrackBack
Comments

I wonder if the spike in the summer was part of a concerted effort by the Bushistas to force good numbers before the election, or if was just natural growth now being reversed.

Posted by: jackson at December 3, 2004 11:24 AM

Bushistas?

Posted by: Lemon Curry at December 3, 2004 12:52 PM

Who do we know at Duke Law?

Posted by: Eric at December 3, 2004 02:09 PM

I'm at Duke Law, why do you ask?

Posted by: Ian at December 3, 2004 02:18 PM

Lemons. Curry. Military. Nothing much.

Posted by: Eric at December 3, 2004 02:24 PM

Ah. I think Lemon Curry is a name that one of my classmates on Duke Law Journal uses. He trolls my site fairly often, looks like he's spreading like a virus.

I'm confused about the military though.

Posted by: Ian at December 3, 2004 02:32 PM

Curses, I've been outted! Stupid highly revealing log software.

Ian, you should invest in whatever Eric is using. It's better than what you've got.

Posted by: Lemon Curry at December 3, 2004 02:38 PM

Its just the raw apache log.

I made the mistake of not seeing you two had different dhcp provisioned ip addresses. {1c25,2c45}.law.duke.edu. Not knowing how the network weenies at Duke do address assignments, I don't know if those are floor and cube numbers, or random junk, or your class and ranking-in-class or ...

Now if you think "Bushista" is a stretch, try "Mortaritaville" for a well-known-location in Iraq.

Posted by: Eric at December 3, 2004 03:48 PM