November jobs report: Stubborn unemployment in three charts

According to the November jobs report released Friday by the U.S. Bureau of Labor Statistics, the U.S. economy added 146,000 jobs in November, and the unemployment rate fell to 7.7 percent, the lowest since December 2008.

But Chad Stone, chief economist at the Center for Budget and Policy Priorities, shows in three charts how the long-term trends are cause for major concern, noting that, “Policymakers could create a much rosier outlook for jobless workers and the economy generally if they would swiftly negotiate a deal that avoids the ‘fiscal cliff’ and raises the debt limit at the same time.”




Allen McDuffee writes about politics and policy and covered think tanks for The Washington Post from 2011 to 2013. He blogs and hosts a podcast at governmentality.net and is currently working on a book about the influence of think tanks in Washington.

politics

thinktanked

Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Comments
Show Comments
Most Read

politics

thinktanked

Success! Check your inbox for details.

See all newsletters

Next Story
Allen McDuffee · December 7, 2012