NYT: Geography of a Recession

Interesting quote that caught my eye, “Unlike the last two recessions — earlier this decade and in the early 1990s — this one is causing much more job loss among the less educated than among college graduates.”  Read more.


I keep looking for indicators that we’ve reached the bottom of this recession/depression. But I’m not seeing anything that indicates the trend line angle is less steep or that we are bouncing yet. There is a lot of pain out there. I’m still getting two to three emails from friends on the unemployment rosters, some for the first time in their lives. Last week I learned one of my friends got hired with a good company. But most just have interviews so far.

Who would have predicted this two years ago. Actually there are always people who predicted correctly and in most cases incorrectly.


About Gandalfe

Just an itinerant saxophonist trying to find life between the changes. I have retired from the Corps of Engineers and Microsoft. I am an admin on the Woodwind Forum, run the Microsoft Jumpin' Jive Orchestra, and enjoy time with family and friends.
This entry was posted in News and politics. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s