1 / 32

The Economy Today: What our measures tell us about the current recession

The Economy Today: What our measures tell us about the current recession. Keith Hall Commissioner Bureau of Labor Statistics March 05, 2010. Civilian unemployment rate, 1990-2010. Seasonally adjusted, percent. Unemployment rate = 9.7% in February 2010.

ojal
Download Presentation

The Economy Today: What our measures tell us about the current recession

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Economy Today: What our measures tell us about the current recession Keith Hall Commissioner Bureau of Labor Statistics March 05, 2010

  2. Civilian unemployment rate,1990-2010 Seasonally adjusted, percent Unemployment rate = 9.7% in February 2010 NOTE: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in December 2007. SOURCE: Bureau of Labor Statistics, Current Population Survey, March 5, 2010.

  3. CurrentIndicators

  4. Industries

  5. Household Survey

  6. Unemployment rates for persons 25 years and older by educational attainment, 1992-2010 Seasonally adjusted, percent Less than a high school diploma High school graduates, no college Some college or associate degree Bachelor's degree and higher NOTE: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in December 2007. SOURCE: Bureau of Labor Statistics, Current Population Survey, March 5, 2010.

  7. Unemployment rates for whites, blacks or African Americans, and persons of Hispanic or Latino ethnicity, 1990-2010 Seasonally adjusted, percent Blacks or African Americans Hispanic or Latino ethnicity Whites NOTE: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in December 2007. SOURCE: Bureau of Labor Statistics, Current Population Survey, March 5, 2010.

  8. Alternative measures of labor underutilization, 1994-2010 Seasonally adjusted, percent U-6 U-4 U-5 U-3 Unemployment rate U-2 U-1 NOTE: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in December 2007. SOURCE: Bureau of Labor Statistics, Current Population Survey, March 5, 2010.

  9. Unemployment rate and long-term unemployment rate, 1994-2010 Seasonally adjusted, percent Long term unemployment rate = 4.0% in February 2010 Unemployment rate Long-term unemployment rate NOTE: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in December 2007. SOURCE: Bureau of Labor Statistics, Current Population Survey, March 5, 2010.

  10. Comparisons with Prior Recessions

  11. Recession Stages

  12. SOURCE: Bureau of Labor Statistics, Current Employment Statistics survey, March 5, 2010.

  13. SOURCE: Bureau of Labor Statistics, Current Employment Statistics survey, March 5, 2010.

  14. SOURCE: Bureau of Labor Statistics, Current Employment Statistics survey, March 5, 2010.

  15. SOURCE: Bureau of Labor Statistics, Current Employment Statistics survey, March 5, 2010. ** The National Bureau of Economic Research (NBER) denoted recessions starting in January 1980 and July 1981.

More Related