Screenshots from an interactive animation on Slate.com
The affect of the recession is dramatically illustrated in this example. In the first screenshot we see the job growth in 2006
In the second screen shot we see the job loss Oct 2008-Oct 2009
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From Shrinkage is Good
A breakdown of employment by different industries and along with unemployment statistics. Although some of the graphs are a little confusing, if you look at the last graph you can see the unemployment rate by sector, 2009 vs 2010. Red bars means the rate was going up blue bars the rate was going down.
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(I am starting a new series today: 28 days of Tax Data where I will be posting each day something I find interesting about the Untied States’ Tax System)
From the Tableau Software blog Ellie Fields posted an analysis last year comparing the amount collected from Employment tax (Social Security, Medicare, Federal Unemployment taxes which are taxed per employee) vs the amount collected from Corporate tax (which is taxed per dollar of profit). This is for the Federal Government only.
The first graph shows that since the 1960s the amount of taxes from employment has increased relative to corporate taxes
The second graph is plotting the % change in the different between employment and corporate taxes collected. As each recession hit (shown as thick lines of red and pink) taxes collected from employment drop faster (i.e. layoffs) than from corporate taxes (less profit).
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Visualizing Economics was started in 2006 by Catherine Mulbrandon. Here you will find graphics explaining the US economy.
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