Unemployment Charts (Not Pretty)

A few charts from Jake highlight the weakness in the Labor Market:

The broadest measure of Unemployment has now hit 17%


click for larger chart
U3 U6 10.02.09


We continue to see hours worked look pretty ugly — this is not a positive sign, as it is a leading component of NFP.

hours 10.02.09


Lastly, I really like weird optical illusion with this one — it does not look like the X axis is perfectly horizontal . . .

Unemp 10.02.09


Markets are about to open — gotta jump . . .

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