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Holy Uptick, Batman!! March 8, 2019

Posted by geoff in News.

As I mentioned last month, this will be my last regular post on the employment situation. After 10 years of tracking employment, I think it’s time to say “enough.”

But this month’s employment report almost made me change my mind – it’s that good. Largely due to an enormous (> 800K) drop in part-timers, the IB metric almost crested 0.51, a level not seen since September 2008.

Here’s the chart:



1. Cathy - March 8, 2019

Leave all this — if you must, Geoff — but I always enjoy your charts. Yup. Things are looking up big time.

2. Retired Geezer - March 8, 2019

We’re lucky to have someone as smart as geoff contribute carry the IB weight all these years.

3. lauraw - March 8, 2019

We really are! I’m so glad to see this uptick, too. Every time I see some good news I feel so grateful.

4. lauraw - March 9, 2019

Can you tell me the y-axis deets again? Full time jobs per adult, non-institutional (meaning what, jail? Or government?) population?

5. geoff - March 9, 2019

From Wikipedia: “In the United States, the civilian noninstitutional population refers to people 16 years of age and older residing in the 50 States and the District of Columbia who are not inmates of institutions (penal, mental facilities, homes for the aged), and who are not on active duty in the Armed Forces”

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