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Resurrecting the Employment Updates June 5, 2015

Posted by geoff in News.
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I know everybody’s been missing the employment updates I did so faithfully for the past 6 years. As usual, the unemployment rate provided by the BLS (5.5%) is useless. If you’d like a real understanding of the employment situation, I think you’ll do far better to look at this chart, which shows how many full time jobs there are compared to the size of the civilian population:

FullTimeEmpvsCivPopJun2015

As you can see, we had a surge in full-time employment in the last half of 2014, but we’ve stalled out since the beginning of the year. So, not a very encouraging report.

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