A series of 30+ charts on unemployment, wages, corporate profits, income inequality, debt, taxes, and bailouts from the Business Insider. It’s actually quite an accurate compendium, and the narrative annotation spices up what are otherwise pretty dry charts from the St. Louis Fed (note: if you’ve never used the FRED data/graphing system, you should really go play with it – they even have an APP now). I particularly like the sequence where they illustrate that banks are borrowing money from the FED at basically zero interest rates, and using it to buy treasuries. Hilarious.
An elegant multi-indicator graphic from the NYT on income inequality and jobs. It’s disappointing that it took so long for the story of these trends to get traction in the media. (related article)
I keep hearing from Republicans that eliminating tax breaks and loopholes for corporations will cut jobs. The truth is that corporations are experiencing huge profits, and are not hiring. I did a quick and dirty chart over at Fred to illustrate this:
if I had the time I’d look into sector breakdowns and who is currently enjoying these tax loopholes – maybe someone else wants to do it?
Here’s another way of looking at it:
The profits are also not being passed on to employees: The long-term perspective below shows the degree to which the working man is currently getting the shaft:
(These later two charts are via)
The percent of people unemployed greater than a year is scary. (related article)
There’s a new study on the history of collegiate grade inflation. Fascinating stuff – particularly the difference in giving As in private vs public schools. Thanks to David Cramer for passing on the link!
Nice timeline from the WSJ tracing cumulative job losses and gains. The related article does a good job of explaining what’s going on.
Mother Jones has a series of graphs detailing how bad the American job market is:
My favorite economic status tool. Point and/or click on anything and everything to learn something new about the economy, and why you should care.
The NYT analyzed word usage in 40 2011 commencement speeches. The results are largely what you would expect. However, the differences between private, public, and religious schools are kinda interesting. (related speeches)
Percentage of 2009 Phd’s awarded to women, by discipline. (via)
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