Comment Re:Fear & Ignorance (Score 1) 1530
If you are going to link to a graph, you might actually want to look at it in detail first. Notice how almost every year it starts low in January, jumps up in the summer, and then in January it drops back to roughly the same spot it was the previous January? Notice how in 2009 that didn't happen? The summer gain was very, very small, and then the winter drop is way lower than the previous january? Now for 2010 we see that the summer gain was much bigger, pretty much on par what it has been almost every other year (other than 2001 and 2009). So that's a positive indication right there that at least things have stabilized. Yes, employment is dropping, but that's the normal cyclical adjustment. We won't be able to tell for a few more months (probably closer to 6 month) whether things overall are better, worse, or about the same.
Huh? According to the graph, employment was 64% in January 1999. In January 2010 it was 58%. There is a cycle in there, yes, but the over alltrend is down.