Unemployment: September 2015

Some thoughts on employment. That chart above depicts the unemployment numbers with and without the change in participation rates. Clearly there is a sustained gap.

The above details this a bit more.

The above is the gap in some specific detail.

The above shows the gap per month from what it should be. There is a growing and systematic gap in employment. This means that we have more people on the dole and less taxes. Making things worse is that more employment is related to Government funded work; Government, Education, Health Care.

This is the actual gaps per month.

Overall people are being added to the payrolls but not at a large enough rate and not in value creating jobs.

After the seven years we have been tracking these numbers we still see systemic weakness in the economy.