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.