The Scariest Jobs Chart Ever

[Subdivisions]

http://www.businessinsider.com/scariest-jobs-chart-ever-february-2010




http://www.bls.gov/news.release/empsit.t15.htm

[Hosnon]

1. Scary but encouraging. All the lines are roughly symmetrical troughs so hopefully

we will be adding jobs at a good clip very soon.

[Mari333]

3. ?

what jobs, where, what kind of pay, who what where when why how

so far Mexico India and China seem to be smiling. thats where jobs are going have been going and continue to go

[leftstreet]

4. Well, we'll need millions of workers to deny medical claims

:-(

[Mari333]

5. oh yeah

silly me

[Hosnon]

6. I don't know. But if the trend holds, things won't be getting any worse. nt.

[Zoeisright]

9. The current one is not looking symmetical.

The current one is much deeper and longer, and who knows if it will BE symmetrical? And who knows how deep it will go? It hasn't started a consistent upward trend yet, let alone bottomed out.

[Hosnon]

12. I don't know if it will BE symmetrical but the others are so there is a good possibility that this

one will be too.

And it looks like it has bottomed out to me.

[fascisthunter]

11. the current trend isn't even CLOSE to all other years

You seeing something positive in this makes me think of this quote, "squeezing blood from a stone".

[Hosnon]

13. In size, perhaps. But the shape of each one is extremely similar. That makes it reasonable

to conclude that the shape of this one will be the same.

And, yes, I consider stopping the massive blood loss a positive sign.

[fascisthunter]

20. It's a long way from being symmetrical to other trends

the dip is staggering and it hasn't even started trending upward yet. I think there may be some wishful thinking on your part.

Hope I'm wrong

[Hosnon]

22. It won't be symmetrical at this point - if it is following the trend, we are only halfway. nt

[earthside]

19. Jobs making what?

Selling to whom?

The chart is like the Titanic for us.

If you're on the deck of the Titanic should you be encouraged because you can see other ships in the distance not sinking?

[Hosnon]

21. No - it's more akin to being on the deck, still afloat, and noticing that the ship

is not taking on anymore water. You're still in a mess but things aren't getting worse.

[earthside]

24. Well, the Titanic sunk.

And, the unemployment ship is still taking on water and it is just as reasonable to infer that it could sink.

It is a fallacy to think that just because something has been one way before, it will be that way for ever more -- especially in economics.

Besides, unemployment is a symptom of a contracting economy and considering our worseming debt situation -- ie., a rising ocean of red ink -- it is actually not likely that employment at a good clip will be seen again for a long, long time.

[Hosnon]

25. Hey I was just playing along with your analogy. It's not perfect so it's absurd to hold me to it.

And I certainly never said that the past trends necessarily mean that this one will be the same (and I never would say such a thing). But it is definitely a good indicator that reasonable people may rely on. Based on that graph, we could be at the bottom of the slide with the beginning of an upward climb only months away.

Could that analysis be wrong? Of course. But that graph can more than reasonably be interpreted as equally encouraging as it is scary.

[HiFructosePronSyrup]

2. Ever taken a calculus class?

[Hosnon]

16. Nate Silver pointed that out in a post a while back.

The second derivative improved last year and now the first derivative appears to have reached zero (i.e., we may soon be adding jobs). The absolute break even point, however, is long off.

[GreenStormCloud]

28. That chart is NOT a continous equation.

Calculus can't be used to predict the location of the next data point or the values the slope will take. Unforseen future events can send it wildly in any direction. Look at the blue line as an example. How would you use calculus on that line?

[SoCalDem]

7. $10 hr workers selling imported crap to other $10 hr workers

is no way to run an economy..and it cannot sustain itself..

[leftstreet]

8. We can always sell the contents of our garages to each other

Don't be so negative!

:-)

:hi:

[Mari333]

17. rofl you are on a roll

[DCBob]

10. Gives me feeling of hope.. shows we have turned the corner..

Thanks for posting! :)

[enlightenment]

14. Just out of curiosity - which line are you looking at, to make that

statement?

[DCBob]

15. The one with a big red arrow pointed at it....

Which one are you looking at? ... out of curiosity.

[enlightenment]

27. The same one.

Perception is a funny thing . . .

[Kablooie]

18. Looks like we'll be out of the recession around the end of 2013

[closeupready]

23. Or, at the optimistic extreme, the end of 2011.

Whoopee. Only 2-4 more years of recession.

[DCBob]

26. Technically we have been out of the recession since end of last year..

Of course that means nothing to the millions of unemployed.