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Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

Wednesday, July 21, 2010

Geography of a Recession - Map to the Collapse

The below video covers the month by month unemployment since January 2007. But that's not the only indicator of a coming collapse. Real unemployment, counting those who cease looking for work,...or those who are under employed,..... you know those PhD holders flipping burgers, would raise this rate more than double. Add projected taxes increases to pay for the Obama Administration's social programs, taxes and fees associated with National Health Care, projected fuel increases and the following higher prices for commodities all make the case for a depression, not recession, and great chance for a economic collapse of this country. Are you prepared?

According to the U.S. Department of Labor's Bureau of Labor Statistics, there are nearly 31 million people currently unemployed -- that's including those involuntarily working part time and those who want a job, but have given up on trying to find one. In the face of the worst economic upheaval since the Great Depression, millions of Americans are hurting. "The Decline: The Geography of a Recession," as created by labor writer LaToya Egwuekwe, serves as a vivid representation of just how much. Watch the deteriorating transformation of the U.S. economy from January 2007 -- approximately one year before the start of the recession -- to the most recent unemployment data available today. Original link: