September 2011: Economic Drama Update

I rarely post anything on this blog - - after the economic crisis in 2008, I tried to become better informed about economics and finance,  but soon learned that even the "experts" no longer were capable of figuring things out.  

It is September 24, 2011, and stocks are once again tanking.  The unemployment rate for August 2011 in my state, North Carolina, was 10.4.    Will there be a double-dip recession?  Is there a chance that more people will become employed anytime soon?

I might try to write a few posts each month on this topic, if I can figure out where I should begin!

4 Different Looks at Job Losses During Recessions: Via Flowing Data

The following charts were posted by Nathan on his Flowing Data blog

, inspired by a debate on Barry Ritholtz' blog, The Big Picture about the extent of the job losses experienced during the current recession. (Nathan's blog provides links to related sources and articles.)






Time to Recover from Job Losses in Post WWII Recessions


Household Employment

Unemployment and Presidential Elections 1980-2008, via Visualizing Economics, with link to Bureau of Labor Statistics Interactive Map

Via Visualizing Economics

Bureau of Labor Statistics Interactive Map




Thanks to Catherine Mulbrandon for the screenshot and link!

Related:

The U.S. Bureau of Labor Statistics website contains a wealth of information, including interactive graphics. There are "at a glance" tables, databases & tables, maps, calculators related to inflation, location quotient, injury and illness, an area where you can create customized maps, and more.

It even has an interactive career information section for kids.


Note: Click the above picture to get to the next screen. From there, if you click on the text bubbles, you will be linked directly to additional information and resources about the specific areas of employment.