| Posted: 15 Feb 2010 10:31 PM PST There is an interesting post on the Matrix blog that looks at the rate of unemployment across income levels. As you might expect, unemployment is highest among the lowest earners. What might be surprising is how low the level of unemployment is at the upper income levels. Percentage Unemployment by Income Level As Jonathan observes in his post, it is easy to think of measures like the unemployment rate as a single measure, an "across the board phenomenon." As usual though, things tend to get more interesting and useful when you drill-down to the details. We hear the overall unemployment number tossed around all the time in the media. There are so many ways that one can slice and dice it, but as a luxury agent income is a useful measure and it is probably interesting to know that unemployment is so low at the upper income levels. |
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