Economic Snapshot: Employment

If I set it up right, these graphs should automatically update as new data is officially reported. 


Unemployment Rate (1952~)
|||||  Unemployment (as Percent of Labor Force)
|||||  Discouraged & Unemployed Workers (as Percent of Labor Force)

http://research.stlouisfed.org/fred2/graph/?g=Jo0





|||||  Civilian Unemployment Rate (UNRATE), Monthly, Seasonally Adjusted
|||||  Special Unemployment Rate: Unemployed and Discouraged Workers (U4RATE), Monthly, Seasonally Adjusted

|||||   Difference between the two (1994~): presumably some indicator of discouraged workers as percent of labor force.



Weekly Claims (1952~)
|||||  Initial Claims (Percent change from year ago)
Initial Claims (ICSA), Weekly, End of Period, Seasonally Adjusted



Discouraged Workers (1994~)
||||| Discouraged Workers (as Percent of US Population)
||||| Workers available for employment, who've left labor force for reason other than discouragement (as Percent of US Population)
I remember this being a big topic of discussion with the 2002~ recession, but discouraged workers seem to be a large feature of the recent recession. Interestingly, note that with the uptick in discouraged workers leaving the labor force at the beginning of 2010 (Jan 2010), there is a shift into the labor force from others that left (green line jumps down)...? What was that?
http://research.stlouisfed.org/fred2/graph/?g=Jo1

|||||  Not in Labor Force, Searched For Work and Available, Discouraged Reasons For Not Currently Looking (LNU05026645), Monthly, Not Seasonally Adjusted - divided by US-Population
|||||  Not in Labor Force - Searched For Work and Available, Reasons Other Than Discouragement (LNU05026648), Monthly, Not Seasonally Adjusted - divided by US-Population


Median Duration of Unemployment 
|||||  Median Duration of Unemployment (number of weeks, seasonally adjusted)
Clearly, being unemployed for a long time is an odd feature of this recession. (I am curious if some of this is picking up the extensions to employment allowed since 2008, where, perhaps in past recessions there were a similar number of long unemployed, but the simply weren't on the unemployment rolls?)



Labor Force Participation 
|||||  Aggregate Labor Force Participation Rate            |||||  Male Labor Force Participation Rate
|||||  Male Labor Force Participation Rate               |||||  Ages 16-19 Labor Force Participation Rate
Since the 1950s, the usually story of women entering the workforce, and 16-19 year-olds increasingly going to college, or at least not to work.  
|||||  Labor Force Participation Rate - Men (LNS11300001), Monthly, Seasonally Adjusted
|||||  Labor Force Participation Rate - Women (LNS11300002), Monthly, Seasonally Adjusted
|||||  Labor Force Participation Rate - 16 to 19 years (LNS11300012), Monthly, Seasonally Adjusted



Unemployment & Education 
|||||  Unemployment Rate: Bachelor's degree and higher, 25 years and over
|||||  Unemployment Rate: High School Graduates, No College, 25 years and over
|||||  Unemployment Rate: Unemployment Rate - Less than a High School Diploma, 25 years and over
Unemployment for all education groups shot up after the 2008~ recession, but disproportionate jumps for the less-than-college-educated groups (see chart below)
|||||  Unemployment Rate - Bachelor's degree and higher, 25 years and over (LNS14027662), Monthly, Seasonally Adjusted
|||||  Unemployment Rate - High School Graduates, No College, 25 years and over (LNS14027660), Monthly, Seasonally Adjusted
|||||  Unemployment Rate - Less than a High School Diploma, 25 years and over (LNS14027659), Monthly, Seasonally Adjusted


Difference Between College Educated and....
|||||  Difference between College Educated Unemployment and High-School Educated Unemployment 
|||||  Difference between College Educated Unemployment and less-than-High-School Educated Unemployment 
   The recent recession hit less-than-college educated people disproportionately hard. 
|||||  High School Graduates, No College, 25 years and over Unemployment Rate MINUS College Educated Unemployment Rate (or, LNS14027660-LNS14027662)
|||||  Less than a High School Diploma, 25 years and over Unemployment Rate MINUS College Educated Unemployment Rate (or LNS14027659-LNS14027662)

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