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
at

4 comments:

  1. deariemeNovember 11, 2013 at 4:25 AM

    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.

    ReplyDelete
  2. Stagflationary MarkNovember 11, 2013 at 8:41 PM

    Meanwhile at the Too Much Information Desk ;)

    ReplyDelete
  3. Mr SlipperyNovember 12, 2013 at 1:44 PM

    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

    ReplyDelete
  4. Stagflationary MarkNovember 12, 2013 at 7:17 PM

    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!

    ReplyDelete