The recession is hitting Ohio's former steel towns hard.
As other areas of the country start to revive, the recession's full force is still on display here
. Since January 2008, another 10,000 manufacturing jobs have been lost, according to recent Ohio employment figures. "There were other places that were dirtier, but you didn't get shocked every 15 minutes," Tomlin says with resignation. "This is what people around here without union jobs have to do to survive."
posted by VikingSword
on Dec 17, 2009 -
It sounds like a George Lopez joke. “Times are so bad that I saw an Anglo day laborer standing outside Home Depot the other day.” Except it’s true.
posted by Joe Beese
on Nov 11, 2009 -
How green was my valley: California's economic meltdown The fields of wheat, cotton and cantaloupe that sustained his family for three generations are gone. The land is a mess of fallow fields, cracked earth and swirling dust. (PDF - By some estimates, 12.8% of the United States' agricultural production (as measured by dollar value) comes from California, and the majority of that is in the Central Valley).
However, his particular scene of devastation, Mr. Allen argues, has nothing to do with the credit crisis, the housing crash or the downturn that has California in a vice grip.
It has to do with a seven-centimetre-long, semi-translucent, steel blue fish known as the Delta smelt. [more inside]
posted by KokuRyu
on Jul 24, 2009 -
Unemployment: good for the heart and the soul
. "In studies over the past 10 years, Ruhm has consistently found death rates decline during recessions and rise when the economy expands. If unemployment rises 1 percent, he estimates the death rate will fall by about half a percent."
posted by dersins
on Apr 27, 2009 -
-- thoroughly cataloging each day's depressing layoff news, from the very small
companies to the very large
, and updated several times a day. (But there's also a small section of the site devoted to news of companies and government org's that are hiring.)
posted by Asparagirl
on Feb 2, 2009 -
The change in private employment, two years after recession began, for 1953 to Present.Details
: The jobless recovery continued in March 2003 as the nation's payrolls contracted by 108,000, according to report released today by the Bureau of Labor Statistics (BLS). These losses are in addition to last month's payroll declines, which also were revised up to 357,000. Taken together, the economy has lost 465,000 jobs in the past two months. In the two years since the recession began in March 2001, total payrolls have fallen by 2.1 million and private sector payrolls are down by 2.6 million.The Jobless Recovery
. Low growth accompanies record trade deficit
Last month in Beijing, Robert Zoellick, President George W. Bush's international trade ambassador, had nothing but praise for China's growing trade surplus. Meanwhile in St. Louis in January, the president stumped for more tax cuts, standing before a facade of boxes with the words "Made in China" covered over in tape. 2001 Tax Cuts and the Proposed 2003 Cuts
Details: Discarding pretense of tax cut equity
Also: Economists Voice Opposition to Bush Tax Cuts
posted by y2karl
on Apr 16, 2003 -