The Economic Collapse

Are You Prepared For The Coming Economic Collapse And The Next Great Depression?

Duration Of Unemployment

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Alanna Hartzok

January 31st, 2010 at 2:56 am

Rest assured there IS a new economic paradigm waiting in the wings, beyond the old right and the old left, a “radical middle.”
Jeff Dickey

February 7th, 2010 at 5:16 am

What I’d be more interested in seeing would be the “raw” UEMPMEAN graphed here as a percentage of total working population. I’d expect the overall shape to be far different. That having been said, it strikes me that:
1) The number of jobless has never since been below what it was in 1970; not even close. How much of that is pop growth and how much structural change?
2) Only twice earlier has the slope of increase been anything close to what it is now: ‘54-55 and ‘82-83 (eyeballing). Was increasing debt the only effective means of pulling the curve down then? Is that why it can’t work now?