Unemployment: Getting Worse

04/27/2010 Mises Wire Jeffrey A. Tucker

I’m looking at employment status of the civilian population by sex and age, not seasonally adjusted, March 2009 to March 2010

Overall: 9.0 to 10.2
Men over 16: 10.6 to 11.8
Men over 20: 9.9 to 11.2
Women over 16: 7.3 to 8.3
Women over 20: 6.9 to 7.1
Both sexes 16-19: 21.5 to 22.0

It’s a heck of a time to have raised minimum wages three years in a row.

Here is Mankiw’s comparison between stimulus prediction vs. reality.

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