Quote:
Originally Posted by sicone
Comparing 17 months of data against 24 months does not quite put it in perspective. Continuing on the same trend of the 17 months and then adding in the next 7 months the totals would be fairly close
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I am not certain what exactly you are referring to... those 2 numbers are just to show the number of jobs lost before January 2010 and the 17 months was to show you where the job losses stabilized. That is why I put the unemployment percentage. The point is to show how many jobs were lost versus how many we gained (which I explained later in the post). Creating 8.5 million new jobs isn't something that can be done overnight... but what was important is that job losses are no longer outpacing job creation... the trend for the last 15 months straight has been fairly stable.
Just a note: Contrary to what some other people posted about the unemployment numbers they are not based purely on people who are currently claiming unemployment. They are based on census population numbers.