(no subject)

[arethinn]

The Geography of a Recession

(seriously, are they still calling it that? isn't this some kind of depression by now?)

Visual/animated map of unemployment data by county from Jan 2007 to most recent available, darker colours indicating higher unemployment rates. enotsola described it as "Fade to black, much?" and he's right. Apparently your best bet right now is southwestern North Dakota, and I bet that's only because nobody lives there. ^_- Unemployment is at about 12% here in Silicon Valley last I heard. (The other 88% were at Santana Row yesterday, I swear. Yes, ALL of them. Graaah.)

Comments

[starlightforest.livejournal.com]

lol, in whose theory? By what definition? Because by my lights, if unemployment is still on the rise, interest rates on savings/CD/money market/etc dropping, housing values dropping (as nice as that is for me who would like to buy one, but for them to drop into my income range in my area we'd be talking 50-75% loss in value, which is near economic collapse and do not want)... I'd say we're still in recession/depression.

[silussa.livejournal.com]

Most of the definition of a recession depends on economic growth. Unfortunately, the economy doesn't tend to care if we're working, at least to a large extent. :(