voxbaby has a complete explanation of this chart in trying to decipher numbers and the meaning of unemployment. (Hat tip to reader andrew)…

The Employment Situation Summary for February shows that nonfarm payroll employment grew by 243,000 – so why did the unemployment rate rise to 4.8%? The Household Survey indicated a 183,000…

The graph presents the black unemployment rate since 1995 to counter these lies from Jerry Bowyer: Even more striking than the booming job market, however, is the rapid improvement in…

…series on the unemployment rate. From March 1999 to October 2000, the reported unemployment rate was 4.0% or less. Yes, there is that footnote that says “Reflects new modeling approach…

…me: With this [Hotchkiss] study in mind, it is possible that this year’s unemployment rate could dip below 5 percent. While Mankiw and Kudlow often emphasize the unemployment rate, I…

The Unemployment Circle is Almost Complete Bush II is inching closer and closer to the unemployment levels that Bush I attained, with unemployment now reaching a level not seen since…

…In 1958 the New Zealand–born economist A.W. Phillips pointed out that there was a historical correlation between unemployment and inflation, with high inflation associated with low unemployment and vice versa….

…mystery as the Beveridge curve shifted with high vacancies and high unemployment (a total mystery to people who hadn’t heard of the matching function). Then UK unemployment fell and stayed…

…Unemployment is then low. Recruiting effort determines the tightness of the labor market…. A high job value results in low unemployment. The last issue is what determines the job value…….

…and unemployment is rising. (Unemployment rises when labor share falls, as an economy moves down the labor supply curve. We see that effective demand is falling in Europe. Increased Saving…