Friday, 05 March 2010 15:18
Last Updated on Monday, 08 March 2010 23:00
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Job losses from the start of the recession are by far the worst since WWII in percentage terms. Employment peaked in December 2007. The depth and potentially the length of significant unemployment is illustrated in the graph below from calculatedriskblog.com.
Minimum Wage
Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.
The tea party want to abolish the minimum wage. Did YOU VOTE?
Survivor Graph of the Day
- New and Continuing UI Claims
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U.S. Jobless Rate
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