Employment: No Real Change

The report today shows no real improvement. The 9.1% is most likely a sampling error from "no change at all" . The chart above shows that the percent employed included in base is still at 42% rather than the 45.5% under the past Administration. That means the unemployment using 2008 base is still above 12%.

This shows what is a true concern, that employment is barely keeping up with the growing employable base. As that grows we will see unemployment grow unless the Administration doctors the numbers again.

The above shows the effects of the changing base.