Just in time for International Womens Day, it's Narrow the Gap, a look at the unbalanced payrolls of American workers based on US Department of Labor statistics from a variety of industries.
Today I am sharing with you an article arguing that unemployment rates during the Great Depression were overstated, that current unemployment rates are understated and that the two sets of data considered in combination indicate that we are are firmly in Depression-era levels of unemployment.
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How depressing is your job? The Office of Applied Studies, a division of the U.S. Department of Health & Human Services, released a report ranking various occupations in order of the number of depressive episodes experienced by workers. "Personal Care & Service" occupations (defined by the Department of Labor's Bureau of Labor Statistics here) top the list. One wonders if these are the occupations contributing to the growth of the so-called "service economy," and if so, are we heading for a deepening national malaise?