Posted on 01/03/2010 12:27:50 PM PST by Kid Shelleen
The economic crisis, which has claimed more than 5 million jobs since the recession began, did not strike the entire country at once. A map of employment gains or losses by county tells the story of how those job losses first struck in the most vulnerable regions and then spread rapidly to the rest of the country. As early as August 2007, for example—several months before the recession officially began—jobs were already on the decline in southwest Florida; Orange County, Calif.; much of New Jersey; and Detroit, while other areas of the country remained on the uptick.
PRINT DISCUSS E-MAIL RSS RECOMMEND... SINGLE PAGE Yahoo! Buzz FacebookMySpace Mixx Digg Reddit del.icio.us Furl Ma.gnolia SphereStumbleUponCLOSEUsing the Labor Department's local area unemployment statistics, Slate presents the recession as told by unemployment numbers for each county in America
(Excerpt) Read more at slate.com ...
** PING *** Make sure you click on the map !!!
Putting the map in motion looks like a cancer growing from late 2008 through 2009.
It wont go in motion here. 2 Million gain and 30 millon loss?
Interesting. It shows that Bexar County, Texas has gained 14,251 jobs since 01/06, but I lost my job 12/09 along with many others.
Try clicking on it again. I had to try it a couple of times.
The map indicates 6,162,836 jobs lost nationwide since October 2008.
“As early as August 2007, for example—several months before the recession officially began—jobs were already on the decline”
Bush’s Fault!
August 2007 = Bush’s Fault! (It is Slate.com after all)
I thought for a long time that part of the recession started in FL, due to a massive rise in Homeowner’s insurance.
Back in about 2003 suddenly the jump was huge, from about $600 for me to $2400 (This on a very small, inexpensive house not near the ocean.) I heard horror tales of places like churches jumping from 8K to 60K. It was something of a crisis, and people were jumping off cliffs here.
It wasn’t really from the hurricanes; it was more the sinkholes that were almost a scam. You could end up with more than the value of your house if your found one; People would actually look for one and rejoice if they found one. There were big billboards all over from attorneys who specialized in recovering from ins for sinkholes.
In any case, I remember at the time I sold my house, because I told my friends people are going to stop buying down here. In fact, I was so convinced of this I sold on the cheap side just to get rid of it very fast even though housing was at record highs. Why come to FL to escape taxes when your insurance was equivalent? It was like another major tax.
The house market plummeted at that time and I always thought insurance was the spark. FL is so dependent on the construction industry it followed soon after.
However, the thing that has always jumped out at me is that by August of 2008 it really became obvious that Obama was going to beat McCain. The conventions were over, and McCain didn't have it.
And all across the country, businesses started hunkering down, cutting the fat, and getting ready for 4 lean years. It all started accelerating as soon people knew that Obama was going to be president.
Excellent post
That’s quite interesting.
Democrats swept the congress in Nov 2006. Therefore, the budget until Oct 2007 was a Republican budget.
Only one month (Aug, 2007) before the budget went completely Democrat reflected annual job gains of less than 1 million.
Only one month (Apr, 2008) after the 100% Democrat budget took effect showed job gains of over 1 million. Only ten months after the switch to a Democrat budget, job losses started. And those job losses are way larger than any of the previous job gains.
We need to keep hammering the fact that it is congress, not the president, that controls the purse strings. And that congress has a lot of ways to push the president into cooperating with their budget.
bttt
This map proves what I’ve contended all along. The Dems poisoned the pond to get 0bama elected, and their socialist programs pushed through.
Somewhere, there is a detailed matrix showing what needed to be done in order to cause the downfall and the, then, (un)necessary stimulus to be passed.
/Um, does this tin foil hat make me look phat?
Obama, Pelosi, Reid, Hillary etc studied the Alinsky strategy to conquer capitalism and wrestle the flow of money from the private sector into government control.
Every time someone loses a job the liberal politicians get a big thrill because they just got another dependent to control.
the only problem with the economy is our government
I can read what the map says, but I also know very well a number of those counties and the numbers that are given there are not close to being accurate. SW Kansas has had to shut down operations of a number of the beef packing meat processing plants. The actual numbers for those counties are about 10x what is shown on this map. So, if these numbers are not accurate, then why would the others not be under reported?
None-the-less, Six million jobs lost...but the news just reported 20 million now on unemplyment? Who are you gonna believe, especially since all those who were self employed are not eligible for unemployment?
the 20 million a year company I work for just shrunk to 5 million , The owner said that 300 private capital investor projects on the books pulled out and hunkered down starting in sept 08, the only thing going is previously started government funded projects and two mega hospitals .
Interesting! It really highlights where the trouble spots have been all aong.
But how can we have more jobs lost since 10-2008 than from the year before, when there’s been loss overall that entire time? Maybe it means “as of” that date, not “since” that date?
I can't get unemployment because I am getting an average of about 6-8 hours a week , not enough to pay bills taxes and food but more than unemployment
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