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My Two Cents

More on unemployment

Chris Farrell Apr 5, 2009

The Center for American Progress has a detailed of the latest unemployment numbers on its website. You can read it here

This chart from the report says a lot.

.

But it’s these sentences that stood out.

The share of the U.S. population with a job is now at 59.9 percent, which is lower than any time since 1985. This is especially striking since so many women have entered the labor market since then. The fall off in the employment rate has been larger among men than women, and there are fewer men at work than at any point since the BLS began tabulating this data after World War II: 68.2 percent of U.S. men age 20 and over had a job in March, down 4.1 percentage points from a year ago.

The manufacturing and construction depressions are hitting male employment hard.

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