Monday, October 14, 2013

Collection Agency Employment

The following chart shows the 12-month moving average of annualized production and nonsupervisory collection agency employee minutes worked per capita.

Click to enlarge.

Optimists might point to this chart as proof that a new age of prosperity is upon us. Collection agencies are no longer needed! Hurray!

Pessimists might point to this chart as yet another "sure thing" employment growth story that ended with an exponential trend failure.

See Also:
Idiom: Squeeze blood out of a turnip

Source Data:
BLS: Employment
St. Louis Fed: Population

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