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So looking at that graph, looking at overall slope things have really been in decline since 1980?

Coincidence? or am I just intentionally misreading the graph

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Mon Feb 9th, 2009 at 01:44:38 PM EST
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I shouldn't have said "job losses", though, since the red line shows the rate of change in total employment from one year to the next.
by afew (afew(a in a circle)eurotrib_dot_com) on Mon Feb 9th, 2009 at 02:31:08 PM EST
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So in another view if you follow the peaks of growth down then even ignoring the current collapse the peak of growth will  be below 0% by 2030?

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Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Mon Feb 9th, 2009 at 04:15:37 PM EST
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There seems to be a downward trend in job growth since the Reagan years, yes. Not surprising given all the offshoring. And as for the growthy growth in GDP, we know who's been grabbing that.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Feb 10th, 2009 at 03:26:21 AM EST
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things have really been in decline since 1980?
Since 1984, it would appear.  That was about when the process of sending manufacturing overseas in the USA really took off, and it was just after the whole bubble economy got started.  Perhaps subsequent unemployment was masked by revisions and extensions to employment categories by the BLS, (after all, the population did continue to grow,) and by significant growth being in the "underground economy."  The early 80s was also when "illegal immigration," especially from Mexico, really increased, and a lot of these workers went into the "informal" economy, such as my former gardener in L.A.  

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Feb 10th, 2009 at 01:19:31 AM EST
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