Unemployment, January 2014 February 7, 2014Posted by geoff in News.
The employment report is out for January, and as usual I’ve plotted the number of full-time jobs divided by the civilian non-institutional population. Here’s how we’re doing:
This was actually a good month – the ratio is higher than it’s been since a few months after the President took office. Another few months and it might get to where it was when he was inaugurated.
You might be wondering how long it will take for the painfully slow Obama recovery to return this employment ratio to 52% (that’s the average value from January 1990 through January 2009).
But at least it’s going up.