While we are tired of seeing various numbers and charts "explaining" the US employment situation as much as the next guy, here is just one final, and decidedly simple chart, summarizing precisely where the US job market stands.
- The good news: in April, 118.4 million Americans had a full-time job, the most since November 2008.
- The bad news: in April 9.8 million Americans were unemployed, 92 million people were out of the labor force, and 27.3 million people had part-time jobs. A total of 129.1 million, the most since ever.
Shown in context:
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And some further context: Facebook allegedly has 202 million users in the US and Canada.