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Old 04-14-2009, 04:34 PM
 
Location: Steilacoom, WA by way of East Tennessee
1,049 posts, read 3,791,532 times
Reputation: 701

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http://1.bp.blogspot.com/_pMscxxELHE...employment.jpg

Now that's a curve! Ouch. Things are not looking good, can't get much worse though, can it?
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Old 04-14-2009, 04:50 PM
 
Location: Oceanside and Chehalem Mtns.
716 posts, read 2,642,144 times
Reputation: 530
Quote:
Originally Posted by Tony1790 View Post
http://1.bp.blogspot.com/_pMscxxELHE...employment.jpg

Now that's a curve! Ouch. Things are not looking good, can't get much worse though, can it?
Yes, it can and probably will. Q2 is typically a very weak quarter for jobs.
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Old 04-14-2009, 04:55 PM
 
Location: Oregon Coast
1,848 posts, read 6,516,783 times
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Yes I saw that information on the local news yesterday. It's bad for Oregon. I just haven't seen any of the latest figures for any other states. One or two other states may be as bad, or we might top the nation in unemployment.

Last edited by Waterlily; 04-14-2009 at 05:14 PM.. Reason: fix
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Old 04-14-2009, 05:03 PM
 
Location: Lakewood OH
21,697 posts, read 26,042,884 times
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So I wish I understood why people still want to come here without jobs.
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Old 04-14-2009, 05:42 PM
 
Location: Sherwood, OR
666 posts, read 1,748,592 times
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Quote:
Originally Posted by davefr View Post
Yes, it can and probably will. Q2 is typically a very weak quarter for jobs.
The 12.1% is already seasonally adjusted. If it goes up, it will not be due to seasonal trends.
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Old 04-14-2009, 06:06 PM
 
1,592 posts, read 3,202,779 times
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It was hard to find jobs here even before the recession. Maybe we'll come out of this better off, although I'm not holding my breath.
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Old 04-14-2009, 06:07 PM
 
5,766 posts, read 10,959,198 times
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Quote:
So I wish I understood why people still want to come here without jobs.
That's the strange thing. A big part of the unemployment increase actually came from an increase in the size of the workforce due to migration to Oregon. What are those people doing? Are they under the misimpression that Oregon has jobs for them?
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Old 04-14-2009, 06:17 PM
 
5,273 posts, read 13,550,758 times
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I'm not a big fan of our current gov, but I note he's working hard to bring in some new jobs that pay well.

Also, I can't help but wonder how much of those stats are seasonal workers. The skiing industry lays off thousands this time of year. Farm workers are still off as well.
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Old 04-14-2009, 06:30 PM
 
Location: Sherwood, OR
666 posts, read 1,748,592 times
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Quote:
Originally Posted by BLAZER PROPHET View Post
I'm not a big fan of our current gov, but I note he's working hard to bring in some new jobs that pay well.

Also, I can't help but wonder how much of those stats are seasonal workers. The skiing industry lays off thousands this time of year. Farm workers are still off as well.
The 12.1% is a seasonally adjusted rate. In other words, seasonal trending is taken out of the calculation to see the "bigger picture". That includes seasonal workers.

"Over the year, the size of the Nation's labor force, the levels of employment and unemployment, and other measures of labor market activity undergo sharp fluctuations due to seasonal events including changes in weather, harvests, major holidays, and the opening and closing of schools. Because these seasonal events follow a more or less regular pattern each year, their influence on statistical trends can be eliminated by adjusting the statistics from month to month. These adjustments make it easier to observe the cyclical, long term trend and other nonseasonal movements in the series. In evaluating changes in a seasonally adjusted series, it is important to note that seasonal adjustment is an approximation and initial adjustment must be based on experience."
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Old 04-14-2009, 06:40 PM
 
758 posts, read 2,223,769 times
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It is ALWAYS hard to find a job in Oregon, and it will ALWAYS pay less. That's why housing used to be cheaper.
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