Re: The Democrats’ First Night
Yuval: I would add these two charts to yours. First, the lack of recovery is obvious in this chart by my colleague Keith Hall:
Also, back in March when I look at changes in labor force I noticed that much of the decline in labor participation — an important factor behind Hall’s chart — came from women. Here is one chart:
Men lost more jobs in the recession than women. However, in today’s labor market many women are giving up on the idea of being employed or looking for a job. I wrote more about this issue here.