Graphic Content – August

Given the release of employment data from the US on 5 August, we wanted to focus on employment data in this month’s Graphic Content.

The Graphic Content below shows us that young and middle-aged workers were hit the hardest by the Great Recession and have never caught up. Since the job market started to recover in 2010, over-55s have enjoyed nearly 60 per cent of all job gains, having fared best through 2008-09.

Surely the economy needs a more balanced labour market expansion before we can say there is no slack left.

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Allianz
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