Poor Us: The Great Depression 2.0

May 18, 2009

Interactive Misery Map: Watch US jobs disappear before your eyes

June 2007June 2008 March 2009

A lot of people are unemployed, even 24-hour cable news anchors tell us that much; and we can turn to the internet to fill us in on the multi-million dollar Wall Street paydays that remain a fact of life. Still, while we’re told things are getting better, everyday people continue to tell stories of hardship. So how can we get a handle on the impact the recession is having on the nation? Slate’s recently updated interactive map of job loss across the country did the trick for me. The trio of images above provide national snapshots of employment –blue for job growth, red for job loss– in June 2007, June 2008 and March 2009 (updated last week using the latest figures ). For the record, the number of jobless claims — those drawn by workers collecting benefits for more than one week — rose 202,000 in the week ended May 2 to 6,560,000, the highest level since the government started keeping track in 1967.

When Did Your County’s Jobs Disappear?An interactive map of vanishing employment across the country, updated with the latest figures.
By Chris Wilson

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. Updated Thursday, May 14, 2009 The Slate map uses the Labor Department’s local area unemployment statistics for each county in America. Because the data are not seasonally adjusted for natural employment cycles throughout the year, the numbers you see show the change in the number of people employed compared with the same month in the previous year. Blue dots represent a net increase in jobs, while red dots indicate a decrease. The larger the dot, the greater the number of jobs gained or lost. Click the arrows or calendar at the bottom to see each month of data. Click the green play button to see an animation of the data.

h/t Creditslips

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April 5, 2009

Recession Round Up at the Not-OK Corral

Filed under: Reduced Circumstances — Tags: , , , — debacled @ 1:18 pm

__Cowboy___by_ldinami7e

Hard times worsen for horses & owners
Illinois has closed down several slaughterhouses, and while Reuter is not in favor of slaughterhouses, she sees the practicality of having a place like that around. “If you are going to let a horse starve to death versus putting him down and taking him to a slaughterhouse, which is more humane?” (more)

Cattle rustling increases with economic hard times
Another sign of tough economic times is an increase in cattle thefts.
Because the critters tend to wander on their own, statistics are difficult to verify. However International Livestock ID Association Secretary Rick Wahlert tells Dow Jones Newswire that the 1,000 or so cattle and horses reported missing in 2008 are 20 to 30 percent more than in 2007.  (more)

March 28, 2009

Recession Equity: Wolf at Door of Sinners and Santa Claus

strawberry_prostitution_by_LunasakuramoonThis recession is turning out to be an equal opportunity beast, wolfing down profits in  what sociologist Sudhir Venkatesh calls the underground economy of  prostitutes, drug dealers and fences and then going after Santa, his elves and workshop, too.

The Other Chicago School, by Elisabeth Eaves, Forbes:”There’s far greater competition for whatever meager resources there are. The folks down on Wall Street peddling drugs, they’re fighting. The sex workers are trying as hard as they can to retain their clients,” Venkatesh says…

Venkatesh is watching black market workers slip into despair along with the rest of the population affected by the economy. Lest legal workers consider this a distant problem, one conclusion of Venkatesh’s work is that the underground and mainstream economies are intimately entwined. “The boundaries are fluid, particularly in the global city where the black market has become instrumental–one might even say vital–to the overall economy,” he says. (read on) via Economist’s View

Santa Gets New Landloard As Recession Hits Santa Park, Finnish Lapland

HELSINKI (Reuters) – Pounded by the global recession and facing a sharp economic contraction in 2009, Finland said Tuesday it would sell its stake in Santapark, home to Father Christmas, to local investors.

Finland said it would sell its 32 percent stake to Santa’s Holding Oy, which will also buy shares in the Lapland-based park from the city of Rovaniemi and travel firm Lapin Matkailu Oy to take its stake to 56 percent. (read on)

February 10, 2009

Dying for dollars

Filed under: Reduced Circumstances — Tags: , , — debacled @ 12:11 am

dying for you by halaquinn arcadias

While Wall Street whines over billion dollar bonuses pretty much everybody else is just worried about how they’re going to survive.  A former Oregon logger and sawmill worker, essayist Robert Leo Heilman calculates our chances of making it through hard times:

“I recalled the early Reagan years when the working families in this valley crumbled like dirt clods under the weight of poverty. I thought of the untimely deaths, the divorces, the foreclosures and the criminal convictions that I’d witnessed back when unemployment reached 9.5% nationally and 18% in our county and 40% of our local workforce fled during an eighteen-month period.

“You know,” I told the woodcutter, “it looks like this recession’s gonna kill more folks than Al Queda ever did.” (more:  Hard times are fatal times)

Source: BlueOregon

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