View Single Post
Old 03-05-2009, 07:32 PM   #6
Dantheman62
Avalon Senior Member
 
Join Date: Sep 2008
Location: So. Cal. U.S.
Posts: 4,205
Default Re: California Dreamin'

Here's a good article....

http://finance.yahoo.com/career-work...h-of-Recession

What does the worst recession in a generation look like?

It is both deep and broad. Every state in the country, with the exception of a band stretching from the Dakotas down to Texas, is now shedding jobs at a rapid pace. And even that band has recently begun to suffer, because of the sharp fall in both oil and crop prices.

Unlike the last two recessions — earlier this decade and in the early 1990s — this one is causing much more job loss among the less educated than among college graduates. Those earlier recessions introduced the country to the concept of mass white-collar layoffs. The brunt of the layoffs in this recession is falling on construction workers, hotel workers, retail workers and others without a four-year degree.
Dantheman62 is offline   Reply With Quote