Today’s Jobs Report in Pictures

December 7, 2012 at 10:05 am

Beyond the surprising news that Hurricane Sandy had little effect on overall job creation and unemployment, today’s report paints a familiar picture of moderate job creation and stubbornly high unemployment.  Though unemployment fell, that’s because the labor force shrank, not because employment opportunities expanded.

Below are some charts to show how the new figures look in historical context. Read my full statement for further analysis.

Print Friendly

More About Chad Stone

Chad Stone

Chad Stone is Chief Economist at the Center on Budget and Policy Priorities, where he specializes in the economic analysis of budget and policy issues. You can follow him on Twitter @ChadCBPP.

Full bio | Blog Archive | Research archive at

1 Comments Add Yours ↓

Comments are listed in reverse chronological order.

  1. 1

    Why is no one talking about the cynically subversive policy Bernanke embraces which uses high rates of unemployment to constrain inflation? He should be among the cheerleaders supporting suspension of Payroll taxes, which by the way do not fund SS/Medicare, and could generate hundreds of billions in economic activity in the short term.

    Why is no one talking about initiating an Employer of Last Resort Program that reduces unemployment for those willing and able to work and serves to stabilize prices? Bernanke should also support this because it’s his duty under the Fed Charter.

    Why doesn’t Geithner tell the President that capitalism survives on sales, and when folks don’t have incomes they can’t spend? This is not brain surgery.

Your Comment

Comment Policy:

Thank you for joining the conversation about important policy issues. Comments are limited to 1,500 characters and are subject to approval and moderation. We reserve the right to remove comments that:

  • are injurious, defamatory, profane, off-topic or inappropriate;
  • contain personal attacks or racist, sexist, homophobic, or other slurs;
  • solicit and/or advertise for personal blogs and websites or to sell products or services;
  • may infringe the copyright or intellectual property rights of others or other applicable laws or regulations; or
  • are otherwise inconsistent with the goals of this blog.

Posted comments do not necessarily represent the views of the CBPP and do not constitute official endorsement by CBPP. Please note that comments will be approved during the Center's business hours. If you have questions, please contact

eight × = 8

 characters available