Core Employment (Age 25-54) Still Below January 2000 Level, 3 Million Below 2007

By: Mike Shedlock | Fri, Feb 5, 2016
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With the mainstream media going gaga over the headline unemployment rate of 4.9%, let's put a spotlight on actual employment with a focus on those aged 25-54.

Age group 25-54 ought to be out of school, not retired, not on disability, and working somewhere. Here are some charts that show what has actually happened.


Core Employment 1950 to Present

Core Employment 1950 to Present


Core Employment Detail

Core Employment Detail


Core Employment vs. Population

Core Employment vs. Population

These awful numbers do not account for part-time workers. If you work as little a 1 hour a week selling trinkets on eBay, you are considered "employed".

 


 

Mike Shedlock

Author: Mike Shedlock

Mike Shedlock / Mish
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Mike Shedlock

Michael "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Visit http://www.sitkapacific.com/ to learn more about wealth management for investors seeking strong performance with low volatility.

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