Sunday, October 30, 2011
Unemployment Flows from Labor Force
Below, Corrections displays the four places the unemployed go, from month to month (click to enlarge). They either find employment, stay unemployed, leave the labor force, or "other" (a very, very tiny category that would include dying, or immigrating, for instance).
Disturbing drop in the blue become employee with expansion of the red stay unemployed - especially in the context where the corporations are basically making their numbers and keeping profits up. The message seems to be that macro policies of increasing regulation and government litigation against business in the context of an Obamacare entitlement already boosting healthcare costs now with the prospect for massive cost increases in the future produces a situation where business adapts and learns to use machines and computer systems more and people less.
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