Dave77459 Posted January 27, 2010 #1 Posted January 27, 2010 (edited) Look at how unemployment has grown from Jan 2007 thru Nov 2009. I think it's pretty incredible. http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html The above link is higher res and has a description and footnotes, but this YouTube version might get the point across. [ame=http://www.youtube.com/watch?v=G9jBNyysbho]YouTube- *Updated 01-10-10* The Decline: The Geography of a Recession by LaToya Egwuekwe (OFFICIAL)[/ame] I'm gonna leave politics out of it, and just let your jaw drop. Dave Edited January 27, 2010 by Dave77459 Added YouTube
SilvrT Posted January 27, 2010 #2 Posted January 27, 2010 Very SCARY! Would be interesting to see something similar for Canada or for that matter, other countries.
kenw Posted January 27, 2010 #3 Posted January 27, 2010 it's very scary and soon to become political on our site. i am lucky enough to be unaffected, but have seen that the patrime, fill-in jobs have dissapeared! Lord please help us all!!
Condor Posted January 28, 2010 #5 Posted January 28, 2010 how meny have retired,%?????? I think they base it on the number of people filing for unimployment so retired folks aren't counted in the mix.. A better question would be how many are still looking, but their unemployment has run out..... I bet you could almost double the percentage..??
Bummer Posted January 28, 2010 #7 Posted January 28, 2010 Chasing this information I found a semi official statement that unemployment is at 17%. I do not believe this number fully reflects those who have run out of benefits, but I don't really know for sure. Retirement doesn't count in unemployment statistics, since if one retires one may not draw unemployment. A guy at the Cato Institute, whose bio suggests he's never had what most folks would call a real/productive job, argues that the 17% number is high. Not because folks have work, but because folks won't accept work at minimum wage. (How not accepting a job that won't buy the gas to get there makes them employed is anybody's guess.) Recovery guesstimates vary by State. Indiana isn't expected to hit 0% job loss until third quarter 2010. Moody's isn't expecting Indiana to actually go positive until 2011. Right now, due to the Great Recession, employers in Indiana have increased their education/training requirements far beyond what they even dreamed of prior to the crash. Most would like to see at least an Associates degree for a $12 an hour job. I was laid off at the end of last July when Navistar closed the PowerStroke plant. I'm in the process of going back to school to fluff up my resume. I have forty years as a Stationary Engineer and HVACR Tech, complete with certifications, licenses, and continuing education. I have about ten years left before retirement. For the most part, I'm waiting for somebody older than I am to retire (or die - their call). The number crunchers say that close to 50% of the employees in my trade are retirement eligible. None are retiring. They're all waiting for the economy to recover. Many refuse to leave the plant without a toe-tag. I feel sorry for the widget bolters. Unskilled labor that once made good money. I'll find another smoke stack eventually and am just taking the education because it's free and I enjoy it. They have to actually learn a trade or flip burgers. Now that's rough. Most of the production people got laid off a year or more before I did and have seen their primary benefits run out. One guy went semi-postal at the unemployment office and got cuffed and stuffed. I saw Navistar's woes coming and paid everything off, so I'm doing quite nicely, considering. It's kind of painful to see old buddies, eyes haunted, wandering around the union hall, which is now an unemployment office because of the number of folks laid off, wondering what they're going to do tomorrow. The Credit Union has a bunch of huge Ford diesel trucks it repoed and can't get rid of. Retailers are having trouble moving product. Housing starts are at rock bottom and foreclosures are way up. On a much more cheerful note, according to a recent news report the bank that was at the center of the crash and got billions in bail out money spent it buying other solvent banks and is now well into the black. So much so that all the employees will be getting raises. Best of luck, one and all.
emtdouggood Posted January 28, 2010 #8 Posted January 28, 2010 I have not worked for over one year. I had 15 years as a fabricator and local truck driver. We got a new forman in our shop. First to go was a guy with 8 years and 53 years old. He did not do a job right so they say so they fired him. He was replaced with the formans brother.Hmm . Then another guy at 50 was laid-off. Replaced with foremans friend. hmm. Then i was told to take a couple days off. I questioned the owner of the shop. I am unemployed now. They kept a 26 year old kid with 6 months there.Basicly at 50 I was to expensive to keep. Insurance/25 days vacation/ wages. sorry just venting
Carbon_One Posted January 28, 2010 #9 Posted January 28, 2010 I have not worked for over one year. I had 15 years as a fabricator and local truck driver. We got a new forman in our shop. First to go was a guy with 8 years and 53 years old. He did not do a job right so they say so they fired him. He was replaced with the formans brother.Hmm . Then another guy at 50 was laid-off. Replaced with foremans friend. hmm. Then i was told to take a couple days off. I questioned the owner of the shop. I am unemployed now. They kept a 26 year old kid with 6 months there.Basicly at 50 I was to expensive to keep. Insurance/25 days vacation/ wages. sorry just venting That was roughly my experince three years ago at age 59. Sent out the door for some flimsy excuse and then bring in a kid for $5 /hr less and no benifits. After being out over a year I managed to get SS . I also get a small pension from my previous job so am doing OK considering when compared to many others. I pray that things do turn around soon for so many who have lost so much thru these trying times. Larry
Sunrayman Posted January 28, 2010 #10 Posted January 28, 2010 I have not worked for over one year. I had 15 years as a fabricator and local truck driver. We got a new forman in our shop. First to go was a guy with 8 years and 53 years old. He did not do a job right so they say so they fired him. He was replaced with the formans brother.Hmm . Then another guy at 50 was laid-off. Replaced with foremans friend. hmm. Then i was told to take a couple days off. I questioned the owner of the shop. I am unemployed now. They kept a 26 year old kid with 6 months there.Basicly at 50 I was to expensive to keep. Insurance/25 days vacation/ wages. sorry just venting I have many years as a professional in Fabrication and Structural Steel. Moved from Florida to Chicago, IL to keep working,,,(divorced with three kids). I have been with the biggest and best in Chicago. After lay-off for nearly a year, I found an undiscovered company. From Estimator to Plant Manager in about three months. The Controller told me to not push for the P. Mgr. $$$ for the present due to the recession. Bust ass, and THEN ask for the big bucks! The Owners asked me for every trick in the book for the plant. Running scared, I coughed up lots of well earned techniques. About a month later, they laid me off, and promoted a clerk who spoke fluent Spanish to do their bidding, following my mapped out 5 year plan. :mad:When my next unemployment draw runs out, I may have to go back to hustling with a pool cue!!
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