We used to say that the chart showing the pace of this jobs "recovery" vs. all other jobs recoveries was the scariest jobs chart ever (see here for example).
But we've since changed our mind.
It's the average duration of unemployment -- which surges without any sign of slowing down -- that's really scary right now. Not only is this number taking off like a rocket, but it potentially represents people permanently and structurally kept out of the jobs market.
Be afraid.
Please follow Money Game on Twitter and Facebook.
Join the conversation about this story »
See Also:
- PHEW: ADP Jobs Report Beats Expectations At 114K
- CHART OF THE DAY: Here's The Broken Neck Bone That Everyone Is Talking About
- Get Ready: JOBS WEEK Begins Today
What's Popular
