Thursday, May 3, 2012

Jobs data the reader can experiment with

The Hamilton Project of the Brookings Institution has developed an interactive graph that shows how long it will take to eliminate the jobs gap (how many jobs it will take to employ the people looking for work and entering the jobs market at pre-recession levels) if the economy adds jobs at different rates. Here's a screenshot:
If you click on this link you can go to the page itself and see what happens if you plug in different numbers (of new jobs per month). It's pretty scary. More on the implications from Derek Thompson of The Atlantic.com, where I found the chart, here.

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