Bikini Graph time! Unemployment rate reaches lowest point in nearly 5 years

[Tx4obama]

Bikini Graph time! Unemployment rate reaches lowest point in nearly 5 years

It’s time to bring back the Bikini Graph! As always, red columns point to monthly job totals under the Bush administration, while blue columns point to job totals under the Obama administration.

-snip-

Full post here: http://thepoliticalcarnival.net/tag/bikini-graph/

[MannyGoldstein]

1. How about posting the U6 graph

Which accounts for discouraged workers, part-timers who want full time, etc?

[AZ Mike]

2. Doesn't matter.

If you use the same assumptions for both periods, you will see roughly the same pattern.

[MannyGoldstein]

5. Well, let's take a look

http://research.stlouisfed.org/fred2/graph/?g=lDY

And that doesn't show the drop in wages, the astonishing increase in the long-term unemployed,metc.

Far worse than any other post-WWII recession, because of the bipartisan love of austeritying the 99%.

[AZ Mike]

6. I agree....

....but the trend lines are still the same. The U6 rate will always be up to 80-percent higher than the reported rate.

[DCBob]

7. Those big dips represent bogus economic situations.. both were bubbles.

1996-2000 (dot com bubble)
2004-2007 (housing bubble)

The more norm would be something like in mid 80's which wasn't much better than what we have now.

[TheBlackAdder]

3. Dang! The wrong type of bikini. n/t

[sheshe2]

4. PBO

Just can't catch a break, not ever Tx~
Thanks for posting this!

[gopiscrap]

8. Yeah, and you won't hear the "liberal" corporate owned

media talk about this much!

[quadrature]

9. the 29 Hour work week ...

whats not to like?