U.S. Unemployment by county through May, 2010

Think your job is secure?

http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html

Think again.

Recession

I think the Great Recession will come to be thought of as the Great Divide. The people who were economically able to survive the recession will come out on one side and those who did not will come out on the other side. And I don't think that there will be much chance for those who went under to pull themselves to the survivors side. There's just so much damage that has occurred--houses and equity gone, savings and retirement accounts gone, jobs that paid well and had benefits/health insurance gone, marriages and relationships damaged, and health ruined. There will be recovery for some but IMHO most of those damaged by the Great Recession will have a devil of a time climbing back out.

Unemployment Graphic

This is a real eye-popper:

http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html?ref=patrick.net

The number of unemployed in terms of absolute numbers and as a percentage of the population is still growing; they will not be spending in the 70% of the U.S. economy that is Consumer Spending. With real estate still going down and the commercial real estate bubble still to burst, this Great Recession is far from over.