Sunday, November 10, 2013

Moving Towards a Smarter Unemployment Force

The following chart shows the two year moving average of the percentage of the unemployed (25+ years of age) who have bachelor's degrees and higher.

Click to enlarge.

May 23, 2012
The Globalist: Moving Toward a Smarter World

I am optimistic — not because I expect human nature to change, but because we now have at our disposal an enormous new natural resource: the gusher of data that enables us to literally see and understand our world as never before.

The data certainly gushes. I'll give him that.

Source Data:
St. Louis Fed: Custom Chart


dearieme said...

Data is not self-interpreting, nor does it evaluate its own precision and accuracy.

Still, I dare say that the gusher will indeed deliver new information, plus new misinformation, plus plenty of fraud.

Stagflationary Mark said...

Meanwhile at the Too Much Information Desk ;)

Mr Slippery said...

THis can't be good for college educated retail workers.

As Smoothie Store Sales Slow, Jamba Juice Turns to Machines

Retail Terminator 3: Rise of the Machines

Stagflationary Mark said...

Mr Slippery,

Surely we can put a positive spin on this.

Based on a goal of $2,000 in annual revenue per JambaGo...

Infinite revenue per employed college educated JambaGo salesperson! Woohoo!