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Graphic Economics

A collection of graphic representations of data by CEPR researchers on important economic issues.



November Job Growth Pushes Unemployment Rate Down to 7.0 Percent Print

The Labor Department reported the economy added 203,000 jobs in November after adding a revised 200,000 in October, the first time the economy has seen consecutive months of 200,000 plus job growth since November and December of last year. The strong job growth led to a drop of 0.3 percentage points in the unemployment rate to 7.0 percent. This drop was due to increased employment as the employment-to-population ratio (EPOP)rose by 0.3 percentage points to 58.6 percent, reversing a fall of the same amount reported for October.

real Wages for Production and Non-Supervisory Workers, Select Sectors, 2000-2013

For more, read the latest Jobs Byte.

 
Lower-End Homes Spur Jump in September House Prices Print

November 26, 2013

The Case-Shiller 20-City Index rose by 1.0 percent in September, bringing its increase over the last year to 13.3 percent. Since bottoming out in January of 2012 the index has increased by 18.5 percent.

Case-Shiller 10-City Index

For more, read the latest Housing Market Monitor.

 
Average Hourly Earnings, January 2007 - October 2013 Print

November 8, 2013

Wage growth continues on roughly the same track, with the average hourly wage increasing at a 1.8 percent annual rate over the last three months. Interestingly, wages rose at a slightly faster 2.1 percent rate for production and non-supervisory workers continuing a pattern seen throughout this cycle. Since this category accounts for more than 80 percent of the workforce, it implies that generally more educated supervisory workers are seeing notably smaller wage gains.

jobs-2013-11-ge

For more, read the latest Jobs Byte.

 
Year-over-year Change in Personal Healthcare Expenditure, 2005 - 2013 Print

November 7, 2013

An important factor slowing spending on services in the third quarter was continued restraint in health care spending. Real spending grew at just a 0.9 percent annual rate in the quarter. Measured as a share of nominal GDP, spending on health care services has actually fallen slightly over the last year. If this trend continues, it will eliminate most of the long-term budget shortfall when the Congressional Budget Office incorporates it into its projections.

 

gdp-2013-11-ge

 

For more, see the latest GDP Byte.

 
Pending Home Sales September 2012 - 2013 Print

October 29, 2013

Pending home sales probably give the clearest evidence of continued slowing in the housing market. These numbers reflect contracts signed. Pending sales reported for September were down 5.6 percent from August and by 1.2 percent from the year-ago level. They are down 8.7 percent from the peak hit in May.

hmm-2013-10-ge

For more, read the latest edition of the Housing Market Monitor.

 
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