Saturday, September 3, 2016

US Labor Department August Report

Post-Recession Unemployment has improved dramatically from a high of 10%, to the current 4.9%, but the US Economy added only 151K Jobs in August. Employment, as measured by Labor Participation, is down from a Recession high of 66.2%, to the current disappointing 62.8%, suggesting most of the improvement in Unemployment is the result of people leaving the Labor Force. Total Unemployment (blue line) at 9.7% lends support to the position of a weak job environment:

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