Please consider a table I put together of various employment statistics for February of each year between 2008 and 2013.
All of the columns except “SNAP” are BLS Unadjusted Numbers.
SNAP data is fiscal year annual data. I used fiscal year 2012 for the 2013 column (and so forth for the other rows). SNAP stands for Supplemental Nutrition Assistance Program, widely known as Food Stamps.
All of the numbers are in thousands.
Abbreviations and Notes
- LF – Labor Force
- FT – Full-Time
- PT- Part-Time
- Change is the difference between since the start of the recession and now, using February 2008 as the approximate start although the official start is a couple months earlier.
- OC is the change in Obama years (2009 and 2013), February to February.
| Year | Population | Labor Force | Not in LF | Employed | FT Employed | PT Employed | Unemployed | SNAP |
|---|---|---|---|---|---|---|---|---|
| 2008 | 232,809 | 152,503 | 80,306 | 144,550 | 119,452 | 25,098 | 7,953 | 26,316 |
| 2009 | 234,913 | 153,804 | 81,109 | 140,105 | 112,947 | 27,158 | 13,699 | 28,223 |
| 2010 | 236,998 | 153,194 | 83,804 | 137,203 | 109,100 | 28,103 | 15,991 | 33,490 |
| 2011 | 238,851 | 152,635 | 86,216 | 138,093 | 110,731 | 27,361 | 14,542 | 40,302 |
| 2012 | 242,435 | 154,114 | 88,322 | 140,684 | 112,587 | 28,096 | 13,430 | 44,709 |
| 2013 | 244,828 | 154,727 | 90,100 | 142,228 | 114,191 | 28,037 | 12,500 | 46,609 |
| Change | 12,019 | 2,224 | 9,794 | -2,322 | -5,261 | 2,939 | 4,547 | 20,293 |
| OC | 9,915 | 923 | 8,991 | 2,123 | 1,244 | 879 | -1,199 | 18,386 |
In The Last 5 Years
- The Civilian Institutional Population Rose 9.9 Million
- The Labor Force Rose .9 Million
- Those Not in the Labor Force Rose 9.8 Million
- Employment Fell by 2.3 Million
- Full-Time Employment Fell by 5.3 Million
- Part-Time Employment Rose by .9 Million
- Unemployment Rose by 4.5 Million
- Food Stamp Usage Rose by 20.3 Million
Ratio of Employed to Unemployed + Those Not in the Labor Force
click on chart for sharper image
The above chart is from reader Tim Wallace. Note that in the year 2000, there were 1.85 workers per every non-worker. Now there are only 1.46 workers per every non-worker. Meanwhile, food stamp usage is up from 17.2 million to 46.6 million, and medical costs are soaring.
Wallace comments “the economic burden on the 1.46 is only going to increase unless spending is put under control and the ratio moves back to a higher average number.”
Mike “Mish” Shedlock
http://globaleconomicanalysis.blogspot.com
“Wine Country” Economic Conference Hosted By Mish
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