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Speaking of Unemployment...

Old 07-09-2009, 02:51 PM
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Speaking of Unemployment...

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Old 07-09-2009, 03:16 PM
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Holy Christ, look at Imperial County!!!
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Old 07-09-2009, 04:25 PM
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"The improvement in first week of July was exaggerated by the timing of plant closures," Vitner said. "This is something we're going to be dealing with throughout the month."

Meanwhile, the number of people requesting continued jobless benefits rose to a record high, indicating that the labor market remains weak.

The government said continuing claims rose to 6,883,000 in the week ended June 27, the most recent data available.

That's an increase of 159,000 from the previous week's revised total of 6,724,000 and was the highest reading since the Labor Department began keeping records in 1967.

The 4-week moving average of continuing claims rose 12,000 to 6,769,000.

The ongoing rise in continuing claims suggests that more workers are struggling to re-enter the work force.

"While layoffs have topped out, hiring has not picked up," Vitner said. "The increase in unemployment rate going forward will be more a result of lack of hiring rather than layoffs," he said.
hmmmm
I guess it should be stated the CSU is about to furlough employees and begin layoffs.

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Old 07-09-2009, 04:26 PM
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Old 07-09-2009, 04:33 PM
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Originally Posted by ipozestu View Post
hmmmm
I guess it should be stated the CSU is about to furlough employees and begin layoffs.
UC is looking at furloughs/paycuts...
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Old 07-09-2009, 04:34 PM
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That's painful to look at.

New state motto: "Your suffering will be legendary, even in hell"
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Old 07-09-2009, 05:00 PM
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Originally Posted by ryball View Post
Holy Christ, look at Imperial County!!!
Meh...most of 'em are illegals.
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Old 07-09-2009, 05:04 PM
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wassup with monterey county? low one year and spikes another, back and forth...
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Old 07-09-2009, 05:50 PM
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Originally Posted by Superglue WRX View Post
That's painful to look at.

New state motto: "Your suffering will be legendary, even in hell"
Pinhead? Which one is that... Hellraiser 2?
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Old 07-09-2009, 06:03 PM
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Originally Posted by [email protected] View Post
Meh...most of 'em are illegals.
yo quero taco bell

(It's okay ppl! I'm brown)
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Old 07-09-2009, 08:53 PM
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Originally Posted by saqwarrior View Post
Pinhead? Which one is that... Hellraiser 2?
winnAr!!!!!!
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Old 07-10-2009, 10:02 AM
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that will totally stop climbing...
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Old 07-10-2009, 10:20 AM
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Originally Posted by RussB View Post
that will totally stop climbing...
...when it reaches 100%.
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Old 07-22-2009, 02:41 AM
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Look on the bright side.. At least you're not in Michigan..
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Old 07-22-2009, 10:31 AM
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Yea, and the next 5-10 years are still going to suck, I still predict 15-20% unemployment and another 10-15% underemployment.

There is no way to stop the freight train spirally down now. This one is gonna be a long... horrible recession.
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