This is a powerful chart, based on Bureau of Labor Statistics data, whipped up in Microsoft Excel by (apparently) the NYTimes. It’s only too bad there is no data for the downturn this one is most often compared to: the Great Depression from 1929 to the late 1930′s. ~alex
Entries Tagged as 'Labor Markets'
Unemployment in this past recession, compared to previous recessions
June 14th, 2010 · 1 Comment · Information Design, Labor Markets
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The logic of outsourcing
June 14th, 2010 · 1 Comment · Labor Markets, Research
There is a fascinating paper from the Bureau of Labor Statistics that dares to ask the question: what is the likelihood of your job being outsourced. In order to answer the question they took professions in the United States and ranked them on the following criteria: 1. To what degree can the inputs and outputs [...]
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Just not enough people
May 23rd, 2010 · No Comments · Information Design, Labor Markets
Most of you, well educated and well informed, I’m sure, know that the population in Europe (and elsewhere) is skewing older. This population shift means that fewer working people are being asked to support more non-working (i.e. retired) people. How big of a deal is this? This lovely little chart from the NYTimes begins to [...]
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Why large digital agencies should be scared
December 31st, 2008 · No Comments · Labor Markets
From this article in The Economist, Generation Y goes to work: Consider the case of Best Buy, a big American consumer-electronics retailer. Keen to create a new employee portal, the firm contacted an external consultancy that quoted it a price of several million dollars. Shocked by this, a group of young Best Buy employees put [...]
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