http://www.speaker.gov/img/jobsrecessions.jpg



P.S. I'm thankful that I got up for a great job today.


[Edited on February 12, 2009 at 8:09 AM. Reason : pic]

2/12/2009 8:02:59 AM

Quote :

" I CAN HAZ BAILOUT"

2/12/2009 8:05:01 AM

this seems like a perfect opportunity to negotiate for a raise and a company car

2/12/2009 8:11:38 AM

uh, comparing fucking 2001 to now is retarded

2/12/2009 8:11:46 AM

^explain?

2/12/2009 8:14:50 AM

Let's see the Great Depression on there.

2/12/2009 8:15:43 AM

exactly. and make it a percentage or something so it's actually relative

2/12/2009 8:16:29 AM

Jesus Christ, the total employment population hasn't changed all that much since 2001, so yes, it is very relevant. And yes, there is that same chart plus other recessions that have it broken down by percentage. If some of you folks ventured out of chit chat every now and then you'd know this.

[Edited on February 12, 2009 at 8:22 AM. Reason : .]

2/12/2009 8:18:46 AM

manipulate the data so you can make a stronger point, thats what this is. Not saying we're not in a bad way right now, but with the limited data on the chart, it makes it look worse.

^I'm just curious why other depressions weren't presented on this chart? I mean, they keep comparing this to the great depression, so why not include it.

[Edited on February 12, 2009 at 8:20 AM. Reason : ]

2/12/2009 8:18:50 AM

Hey, it's still pretty shitty even in percentage terms compared to the two data sets listed (that is, they look the same)




[Edited on February 12, 2009 at 8:22 AM. Reason : .]

2/12/2009 8:20:52 AM

I'm no expert on this, I try to keep up, but I know the government stepped in and took measures to help during those past recessions, but how much did they really, especially compared to what they're doing now. Looks like the market rebounded all those other times...just saying

2/12/2009 8:23:28 AM

omg

2.5/100 people have been fired

TERRIBLE

[Edited on February 12, 2009 at 8:25 AM. Reason : ok 2.5]

2/12/2009 8:24:49 AM

PULL UP!

2/12/2009 8:26:58 AM

Quote :

"omg 2.5/100 people have been fired TERRIBLE"

This might be the dumbest thing I've heard in 6 months.

2/12/2009 8:34:44 AM

^^^ if you're one of those 2.5, i'll bet that you'd think it was pretty terrible

[Edited on February 12, 2009 at 8:36 AM. Reason : perspective, get some]

2/12/2009 8:35:35 AM

I'm really just trolling, calm down. I've seen the lay offs where I work and it's shitty as hell to see. I'm in automotive so I've seen how bad it is. What those statistics don't account for is the amount of hourly people that are only working 2-3 days a week instead of the 5-6 w/overtime that they used to be doing...so in my opinion it's worse than some of those stats lead you to believe

2/12/2009 8:36:45 AM

Unemployment is a flawed indicator if you are looking at short term data. Since it takes a month for the reports to come it, as soon as the data is in, it is already a month out of date. There are economists already predicting that some indicators are showing recovery while unemployment is still growing because of the lag in the flow of information.

2/12/2009 8:36:48 AM

There was a recession in 2001?

2/12/2009 8:46:58 AM

more like a dotcom bust

2/12/2009 8:47:27 AM

Does 9/11/2001 ring a bell?

2/12/2009 8:47:50 AM

TSB

2/12/2009 8:51:26 AM

im just glad that i wasnt raised in a family that lived off credit and i never picked the financial bad habits that so many of my peers have

2/12/2009 9:01:56 AM

I picked a good time to go back to school

2/12/2009 9:04:26 AM

whats a full time semester cost now, in state? also im gonna assume that all unc system schools cost the same?

2/12/2009 9:06:59 AM

no idea, I'm taking transfer credits at community college

that, however, is cheap

2/12/2009 9:16:49 AM

wake tech?

or as we called it in high school.... 13th grade

2/12/2009 9:21:58 AM

nah, not wake tech

it's not quite as bad as "13th grade" as long as you're not taking anything too remedial

they do, however, apparently teach fractions and arithmetic in the same room as my math class the period before

2/12/2009 9:26:45 AM

No...we are not.

2/12/2009 9:28:44 AM

el oh el

2/12/2009 9:29:11 AM

wow, I take it back, some girls started playing "pop, lock, and drop it" on their laptop in the cafeteria here

jesus fucking christ what sort of people come into a cafeteria that already has overhead speakers, sit down in the middle of the room, crank their laptop up to drown out the overhead speakers and sound like shit, then play the shittiest music in the world that nobody else wants to hear

[Edited on February 12, 2009 at 9:34 AM. Reason : you people ]

2/12/2009 9:30:31 AM

f*cked

What the fuck kind of retard can't just type the whole fucking word?

2/12/2009 9:31:47 AM

why are the job losses in negative numbers? wouldn't that mean we were gaining jobs?

2/12/2009 12:35:58 PM

^ That's why were fucked. No one can read graphs.

2/12/2009 12:38:05 PM

^^ we are fucked because of morons like you

2/12/2009 12:40:43 PM

Quote :

"Does 9/11/2001 ring a bell?"

Sure, but there was a recession because of it? All I recall changing was airports got more strict, that's it.

2/12/2009 12:41:02 PM

The market dropped huge.

2/12/2009 12:44:34 PM

Because all of the bottle making companies were fucked by the new 3 oz restriction on fluids when traveling.

2/12/2009 12:45:39 PM

Quote :

"why are the job losses in negative numbers? wouldn't that mean we were gaining jobs?"

I hope you're kidding or else you're one of the reasons why this shit got so bad.

2/12/2009 12:48:41 PM

Quote :

"Banks Rescue Will 'Make Things Worse': Rogers Tuesday February 10, 2009, 12:35 pm EST The new financial rescue plan may not work and could even make things worse because it plunges the US further into debt and it is designed by the same people who failed to forecast the crisis and take measures, legendary investor Jim Rogers told CNBC Tuesday. Treasury Secretary Timothy Geithner will unveil a long-awaited package of measures to help the financial sector at 11 am New York time. But Rogers said Geithner, who was president of the New York Federal Reserve Bank, "has been dead wrong about everything for 15 years in a row," and so was President Barack Obama's economic advisor Lawrence Summers, who acted as Treasury Secretary at the turn of the century. "It is mind-boggling to me," Rogers told "Squawk Box Europe." "If I were on your show 15 weeks in a row and was wrong, you'd probably never invite me back. These guys have been wrong year after year after year consistently and here they are making the same mistakes again. This is not going to solve the problem, it's going to make it worse." He said he was not contemplating investing into financials, as bankruptcies were still possible, and banks were still trying to find out how affected they were by the crisis. "What's happening is they've all panicked, cutting back everything, trying to see what they've got," Rogers said. Big companies such as AIG (NYSE:AIG - News) or Fannie Mae (NYSE: fnm) as well as other US banks don't know how to value their assets, he said. "Everybody is frozen, trying to figure out ok, what are we worth, what do we do?" In addition, the recent shifts towards protectionism are harmful, Rogers warned. "This is very dangerous, that's what caused the great depression in the 1930s. If it happens again, then you'd better sell all the stocks, you'd better sell a lot of everything and bunker down," he said. "We already have a lot of social unrest developing. If protectionism comes back, you'd better be really, really careful," Rogers added. "

2/12/2009 1:01:50 PM

Quote :

"What the fuck kind of retard can't just type the whole fucking word?"

i'm assuming Beckers was actually adhering to the rule where there are not supposed to be any swear words in the thread topic.

[Edited on February 12, 2009 at 1:53 PM. Reason : she]

2/12/2009 1:52:52 PM

Quote :

"whats a full time semester cost now, in state? also im gonna assume that all unc system schools cost the same?"

In state tuition for state for one semester was on the order of 2800 dollars I believe for this semester with the fees and all in the College of Engineering.

2/12/2009 2:12:33 PM

ha i just joined the group today.

2/12/2009 2:13:10 PM

Quote :

"why are the job losses in negative numbers? wouldn't that mean we were gaining jobs?"

I agree.


"Oh sweet! -3500 jobs lost? That means 3500 more jobs for people."
vs
"Oh no! 3500 jobs lost? That's a lot more lost than in past recessions.


"Oh sweet! I got a bill for -$500. I'll cash the $500 check ASAP."
vs
"Oh no! I got a bill for $500. I'll write out a $500 check when I get the money."

2/12/2009 2:30:52 PM

Quote :

"Let's see the Great Depression on there."

that won't be a very accurate comparison. Smaller work force.

2/12/2009 2:38:24 PM

2/12/2009 2:46:39 PM

Just heard on the radio that illegal immigrants coming from mexico is at a low not seen since the mid 1970s.

2/12/2009 2:50:40 PM

welcome to the jungle


http://www.bloomberg.com/?b=0&Intro=intro3

2/12/2009 3:10:47 PM

need moar jobs

2/13/2009 10:53:01 AM

I still can't get over the fact that some people are apparently such pansies that typing a profane word is troublesome

2/13/2009 10:55:19 AM

page 2 is about to be fucked

2/13/2009 10:55:43 AM