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Old 10-15-2009, 11:20 PM
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Status: "I didn't take the "Blue" pill" (set 24 days ago)
 
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Location: Great State of Texas
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Default Recession ended in August for Austin...

Why didn't anyone tell us ??

Report says recession ended in August for Austin - Austin Business Journal:
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Old 10-15-2009, 11:40 PM
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Join Date: Jan 2009
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paul6835 will become famous soon enough
Recession is over nationally, GDP has stopped shrinking. The problem is recovery in jobs doesn't happen until GDP is higher than workforce population growth and we're already in a hole with high unemployment. It will still feel like a recession for some time.
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Old 10-16-2009, 12:27 AM
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Woohoo it's over, yippee time for positive attitudes! :-)

Hey it doesn't hurt, right?
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Old 10-16-2009, 07:34 PM
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Join Date: Apr 2009
Location: Austin, Texas
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With our dollar in the tank, it is all smoke & mirrors.

We are a long way from being out of a recession.
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Old 10-16-2009, 08:26 PM
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Location: Round Rock, TX
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And on the news tonight they reported that Unemployment went up in Austin in August.

Thank god I just got a job...it took almost 4 months to find one, but I finally did....
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Old 10-16-2009, 08:40 PM
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Quote:
Originally Posted by mickey65 View Post
And on the news tonight they reported that Unemployment went up in Austin in August.

Thank god I just got a job...it took almost 4 months to find one, but I finally did....
Congrats! It's good to hear that some companies are hiring...
For those who are still looking, hanging in there.
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Old 10-16-2009, 09:18 PM
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Location: Round Rock, TX
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Quote:
Originally Posted by Blackfield View Post
Congrats! It's good to hear that some companies are hiring...
For those who are still looking, hanging in there.
I'm just putting it out there for anyone looking for a job and don't mind call-center work, but Sears Holding in Round Rock (on 45/Louis Henna) is hiring. It starts at $11-$11.75/hr and the benefits aren't too bad.

Hope this helps someone out. This is were I just got hired on...
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Old 10-17-2009, 05:28 PM
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Location: Austin, TX
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Quote:
Originally Posted by paul6835 View Post
Recession is over nationally, GDP has stopped shrinking. The problem is recovery in jobs doesn't happen until GDP is higher than workforce population growth and we're already in a hole with high unemployment. It will still feel like a recession for some time.
What he said!

Most people don't even begin to understand what the definition of a "recession" is. Employment is only one aspect of it and is a lagging indicator.
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