Alternate Perspectives On U.S. Employment and Unemployment
Economics / Employment Aug 05, 2012 - 05:13 AM GMTEmployment Population Ratio: Age 16-64 With No Disability
A higher portion of men in this demographic have jobs than since mid-2009. Women have about the same ratio of employment as they have had for the last couple of years.
Employment population ratio is the number of people with jobs divided by the total population within the defined demographic.
Unemployment Rate (U4) and Unemployment + Underemployment (U6)
Unemployment and underemployment rate is below 2009-2010 peaks and is improving.
Total Wages & Salaries
Total wages and salaries are at historic highs and well above the pre-2008 levels.
Wages & Salaries and Corporate Profits versus GDP
Wages and salaries are at the lowest ratio to GDP since 1960, whereas corporate profits are at the highest ratio to GDP since 1960.
Total Non-Farm Employment
The number of jobs outside of farms has been rising since 2010, but is still about 4 million below the 2007 peak.
By Richard Shaw
http://www.qvmgroup.com
Richard Shaw leads the QVM team as President of QVM Group. Richard has extensive investment industry experience including serving on the board of directors of two large investment management companies, including Aberdeen Asset Management (listed London Stock Exchange) and as a charter investor and director of Lending Tree ( download short professional profile ). He provides portfolio design and management services to individual and corporate clients. He also edits the QVM investment blog. His writings are generally republished by SeekingAlpha and Reuters and are linked to sites such as Kiplinger and Yahoo Finance and other sites. He is a 1970 graduate of Dartmouth College.
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