Employment growth in the U.S. manufacturing sector has been anemic in recent years, despite the economic rebound and the surge in fracking, which has created a big new market for industrial products. Today, U.S. plants employ nearly 2 million fewer workers than they did when the recession began. Today’s graphic is a snapshot of U.S. manufacturing jobs from 1990 to the present.
Canada’s economy added 95,000 jobs in May – the biggest gain in 11 years – and the jobless rate fell to 7.1%. Today’s graphic shows the monthly change in employment and compares Canada’s unemployment to that of the US.
The unemployment rate among Europeans aged 15-24 edged higher in Q1 of this year, as 23.5% of the youth in the EU27 were jobless. Today’s graphic breaks down the unemployment rate by countries in the EU27.
29 May 2013Thomson Reuters
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Nonfarm payrolls surged by 236,000 jobs last month easily beating economists’ expectations for a gain of 160,000. Unemployment fell to 7.7%, from 7.9 percent in January, the lowest since December 2008. Today features a double dose of graphics summarizing the NFP report and tracking unemployment over the last 5 years.
Italy’s stunned political parties searched for a way forward after an inconclusive election gave no one a parliamentary majority. Financial markets fell sharply at the prospect of a stalemate and threatening prolonged instability and a renewal of the European financial crisis. Today’s graphic is a snapshot of the Italian economy using eight key economic indicators.
The U.S. Labor Department reported that the economy added 157,000 jobs in January and also published revisions to its payrolls data going back to 2008. In 2012 alone, 335,000 more jobs were created than previously reported.
01 Feb 2013Thomson Reuters
The jobless rate rose to 7.9% in January. However, the percentage of unemployed who have been out of work 27 weeks or longer fell to 38.1% and the average unemployment duration dropped 35.3 weeks, the lowest since December 2010. (more…)
Weak Japan economic data bolsters new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world’s third largest economy from decades of deflation. Today’s graphic shows a snapshot of five years of Japan’s economy through four key economic indicators.
Last week, Yoshihiko Noda became the longest serving Japanese prime minister since Junichiro Koizumi stepped down in 2006 after five years in office. Since it seems as though a loss is looming, a comeback from behind would be nothing short of a political miracle. But since the vote is unlikely to produce a clear winner, a solid election result could keep Noda’s party in play if some sort of coalition is formed. Today’s graphic looks at key economic indicators during the tenures of Japanese prime ministers since 2000.