Friday, November 28, 2014

Parabolic Trend Failure of the Day: Employment Life Preserver vs. Towel

The following chart shows the 12-month moving average of the civilian labor force of those aged 65 and over.


Click to enlarge.

Those aged 65 and over are clinging to the life preserver.

The next chart shows the 12-month moving average of the civilian labor force of everyone else.


Click to enlarge.

Everyone else has thrown in the towel.

September 30, 1997
The Onion: Local Man Might As Well Just Give Up

Polk said that Ludauer recently embarked on an unsuccessful campaign to improve the quality of his life through a series of consumer purchases, which only served to compound his misery.

Source Data:
St. Louis Fed: Civilian Labor Force
St. Louis Fed: Civilian Labor Force - 65 years and over

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