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Shows that the trend has been going on for a considerable time before your chart starts.
Still, more hopeless unemployed young people should translate into better recruitment for the armed forces. Currently about a hundred thousand in Afghanistan and they could use a few more.
In 2008 there were no Obama policies and if you know how fast government moves you'll see that even where there are "Obama policies", and don't forget that Obama doesn't write the bills himself and he doesn't vote them through the houses, much of the stuff hasn't come into force. That aside, if you really like charts then the place I like to head for such thinks is the St. Louis Fed. They keep pretty up to date and they collect a lot of economic data. Just look at all the charts about employment.Sure, but the chart stops in 2008 with the 08 financial crises starts and I would expect under Obama's policies begin to explode.
As a member of U6 you are voting against yourself if you vote against socialism. Of course, you have no choice but to vote against socialism because there aren't any socialists running for president.Problem is for those supporting Obama, it's clearly getting worse, and not better. As a member of the U-6 in America, I can attest just how awful it is looking for full time work.
In 2008 there were no Obama policies and if you know how fast government moves you'll see that even where there are "Obama policies", and don't forget that Obama doesn't write the bills himself and he doesn't vote them through the houses, much of the stuff hasn't come into force. That aside, if you really like charts then the place I like to head for such thinks is the St. Louis Fed. They keep pretty up to date and they collect a lot of economic data. Just look at all the charts about employment.
Participation rate for men has been falling for year
View attachment 173
but rising for women
View attachment 174
total has been flat or in decline since the 90sView attachment 175
The unemployment rate didn't spike as high as in the early 80sView attachment 176
but the length of unemployment is way worse
View attachment 178
As a member of U6 you are voting against yourself if you vote against socialism. Of course, you have no choice but to vote against socialism because there aren't any socialists running for president.