From TIP Strategies, comes this fascinating animation showing the regional job losses over the past 5 years, covering the 100 largest metropolitan areas in the country:
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Fascinating stuff — if only it were more regularly updated (I’ve asked them to add April and May data to the animation).
Here’s TIP Strategies description:
This animated map provides a striking visual of employment trends over the last business cycle using net change in jobs from the U.S. Bureau of Labor Statistics on a rolling 12-month basis. We used this approach to provide the smoothest possible visual depiction of ongoing employment dynamics at the MSA level. By animating the data, the map highlights a number of concurrent trends leading up to the nation’s present economic crisis. The graphic highlights the 100 largest metropolitan areas so that regional trends can be more easily identified.
You and I in a little toy shop
Buy a bag of balloons with the money we’ve got
Set them free at the break of dawn
Til one by one, they were gone
Back at base bugs in the software
Flash the message, something’s out there
Floating in the summer sky
99 red balloons go by
99 red balloons
Floating in the summer sky
Panic bells it’s red alert
There’s something here from somewhere else
The war machine springs to life
Opens up one eager eye
Focusing it on the sky as 99 red balloons go by
99 Decision street
99 ministers meet
To worry, worry, super flurry
Call the troops out in a hurry
This is what we’ve waited for
This is it boys, this is war
The president is on the line
As 99 red balloons go by
99 knights of the air
Ride super high tech jet fighters
Everyone’s a super hero
Everyone’s a Captain Kirk
With orders to identify
To clarify, and classify
Scramble in the summer sky
99 red balloons go by
99 dreams I have had
In every one a red balloon
It’s all over and I’m standing pretty
In this dust that was a city
If I could find a souvenir
Just to prove the world was here
And here is a red balloon
I think of you, and let it go
The numbers are highly suspect. I live in one of the regions that has gains… and there haven’t been any gains around here, just a lot of layoffs and closings.
i agree with GNOMIC. the areas i live shows have job growth but there has been very little of that that here.
maybe it was temporary jobs (construction) that come and go very quickly.
I think this might be an even more interesting chart if they made this a job loss per capita chart, which might better reflect the true misery of certain areas… i.e. 500,000 jobs in California is less meaningful than 200,000 jobs in Rhode Island, etc…
Wake up America!! These are job gains in the government sector or other low paying part time service sector positons which the chart does not specify. These are not manufacturing or other areas that employ the average well paid worker living the American Dream. Look at the areas of the country where the gains are located. Are these the high paying jobs our country has shed? Technology, manufacturing, engineering, automotive, industrial, CALL CENTERS, mid technology jobs, your, and my job????? Is the continuous job drain going to spread to education and medical positions as employees continue to loose benefits and their ability to pay taxes at a high income rate? Do the salaries in the markets gained compare to what was lost dollar for dollar in other regions? Highly doubtful. State governments are colapsing because of lack of revenue from these high paying jobs. Are these jobs paying the same tax base the jobs shed paid??? What standard of living are we driving toward? Are we to become the automotive worker in Japan living in a dorm and working in the factory. Is this Quality Human life? We are in a situation of extreme deflation in salary, home owner assets (the single largest asset the average person has in the US), and personal retirement savings. Where has all the money gone?????? Someone is picking up the slack. The reason the jobs gained occured mostly where the foreclosure rate was the worst is because people were willing to take any job no matter what the hourly rate is to feed their family. This chart does not disclose the average salary gains nor pay for these positions. Let’s not celebrate success when it is failure. The world cannot be flat.
[...] folks at TIPS Strategies that is a must see. I cannot embed it, so please use the link to Barry’s blog here.The explosion of unemployment is staggering when presented in this format.Complete Story » [...]
[...] folks at TIPS Strategies that is a must see. I cannot embed it, so please use the link to Barry’s blog here.The explosion of unemployment is staggering when presented in this format.Complete Story » [...]
[...] folks at TIPS Strategies that is a must see. I cannot embed it, so please use the link to Barry’s blog here.The explosion of unemployment is staggering when presented in this format.Complete Story » [...]
a quibble with the visual representation of job losses- I know you didn’t build this graph, but it is still misleading.
The graph represents job gains and losses as solid circles with area, but the job losses they represent do not scale with the area of the circle- the immediately visible cue- but with the diameter of the circle. This means that a circle representing twice as many jobs gained or lost has an area 4 times greater- visually overrepresenting larger gains and losses.
It would be better to either have pseudo 1-d bar charts to represent job gains and losses, or to scale the area of the circles with gains and losses rather than diameter.
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
June 5th, 2009 at 9:03 am
OT: Never thought I’d say it, but I now love this guy:
http://www.youtube.com/watch?v=gYTjiIm4h_Q&eurl=http%3A%2F%2Fagitprop%2Etypepad%2Ecom%2F&feature=player_embedded
June 5th, 2009 at 9:14 am
Tampa, Florida 31, 300……. 31, 000 of those where strippers who left after the Super Bowl !!!!
Can anybody give me an 12 pm traffic update out of the city towards Loooong Island….see if the fat cats are leaving early on Summer Friday!
June 5th, 2009 at 9:40 am
99 Red Balloons!
You and I in a little toy shop
Buy a bag of balloons with the money we’ve got
Set them free at the break of dawn
Til one by one, they were gone
Back at base bugs in the software
Flash the message, something’s out there
Floating in the summer sky
99 red balloons go by
99 red balloons
Floating in the summer sky
Panic bells it’s red alert
There’s something here from somewhere else
The war machine springs to life
Opens up one eager eye
Focusing it on the sky as 99 red balloons go by
99 Decision street
99 ministers meet
To worry, worry, super flurry
Call the troops out in a hurry
This is what we’ve waited for
This is it boys, this is war
The president is on the line
As 99 red balloons go by
99 knights of the air
Ride super high tech jet fighters
Everyone’s a super hero
Everyone’s a Captain Kirk
With orders to identify
To clarify, and classify
Scramble in the summer sky
99 red balloons go by
99 dreams I have had
In every one a red balloon
It’s all over and I’m standing pretty
In this dust that was a city
If I could find a souvenir
Just to prove the world was here
And here is a red balloon
I think of you, and let it go
June 5th, 2009 at 11:23 am
The numbers are highly suspect. I live in one of the regions that has gains… and there haven’t been any gains around here, just a lot of layoffs and closings.
June 5th, 2009 at 11:48 am
[...] graph porn here… via The Big Picture. Good thoughts to carry you into the weekend… As for me, I’m [...]
June 5th, 2009 at 11:58 am
i agree with GNOMIC. the areas i live shows have job growth but there has been very little of that that here.
maybe it was temporary jobs (construction) that come and go very quickly.
June 5th, 2009 at 12:53 pm
The biggest green circles are in entertainment and government (got no explanation for Florida).
The biggest red circles are in finance, manufacturing, and technology.
It’s GOOD to be a Democrat!
June 5th, 2009 at 5:41 pm
I think this might be an even more interesting chart if they made this a job loss per capita chart, which might better reflect the true misery of certain areas… i.e. 500,000 jobs in California is less meaningful than 200,000 jobs in Rhode Island, etc…
June 5th, 2009 at 5:51 pm
Interesting. If the graph is correct, it appears that the “gains” occured mostly where the foreclosure rate was/is the worst.
June 6th, 2009 at 12:04 am
Wake up America!! These are job gains in the government sector or other low paying part time service sector positons which the chart does not specify. These are not manufacturing or other areas that employ the average well paid worker living the American Dream. Look at the areas of the country where the gains are located. Are these the high paying jobs our country has shed? Technology, manufacturing, engineering, automotive, industrial, CALL CENTERS, mid technology jobs, your, and my job????? Is the continuous job drain going to spread to education and medical positions as employees continue to loose benefits and their ability to pay taxes at a high income rate? Do the salaries in the markets gained compare to what was lost dollar for dollar in other regions? Highly doubtful. State governments are colapsing because of lack of revenue from these high paying jobs. Are these jobs paying the same tax base the jobs shed paid??? What standard of living are we driving toward? Are we to become the automotive worker in Japan living in a dorm and working in the factory. Is this Quality Human life? We are in a situation of extreme deflation in salary, home owner assets (the single largest asset the average person has in the US), and personal retirement savings. Where has all the money gone?????? Someone is picking up the slack. The reason the jobs gained occured mostly where the foreclosure rate was the worst is because people were willing to take any job no matter what the hourly rate is to feed their family. This chart does not disclose the average salary gains nor pay for these positions. Let’s not celebrate success when it is failure. The world cannot be flat.
June 6th, 2009 at 4:06 am
…and when they lose their homes this is where NYC puts them
City turns upscale building in Crown Heights into homeless shelter
http://tinyurl.com/qh2bf5
BWA! HA! HA!
June 6th, 2009 at 6:52 am
P.S. to that. I wasn’t laughing at the homeless. I was laughing at the $2,700 per month the bureaucrats managed to spend on those places
June 7th, 2009 at 4:48 am
[...] folks at TIPS Strategies that is a must see. I cannot embed it, so please use the link to Barry’s blog here.The explosion of unemployment is staggering when presented in this format.Complete Story » [...]
June 7th, 2009 at 4:50 am
[...] folks at TIPS Strategies that is a must see. I cannot embed it, so please use the link to Barry’s blog here.The explosion of unemployment is staggering when presented in this format.Complete Story » [...]
June 7th, 2009 at 1:00 pm
[...] folks at TIPS Strategies that is a must see. I cannot embed it, so please use the link to Barry’s blog here.The explosion of unemployment is staggering when presented in this format.Complete Story » [...]
June 7th, 2009 at 3:51 pm
Red dots,
Green dots,
Black and blue spots;
All trumped up by D.C. hot-shots; a.k.a. BLS (omit “Labor”; leave pure b.s.)
June 7th, 2009 at 7:14 pm
a quibble with the visual representation of job losses- I know you didn’t build this graph, but it is still misleading.
The graph represents job gains and losses as solid circles with area, but the job losses they represent do not scale with the area of the circle- the immediately visible cue- but with the diameter of the circle. This means that a circle representing twice as many jobs gained or lost has an area 4 times greater- visually overrepresenting larger gains and losses.
It would be better to either have pseudo 1-d bar charts to represent job gains and losses, or to scale the area of the circles with gains and losses rather than diameter.
June 7th, 2009 at 7:21 pm
and also, Slate already built a map that doesn’t have these scale issues:
http://slate.com/id/2216238/
June 30th, 2009 at 3:31 pm
O YOU CLEVER BOSS !!!
We Put Our Money In The Bank
Now Its Just Not There
They Say Our Money Has Disappeared
Now We’re In Despair
We Believed Our Money With The Bank
Was Safe Down In The Vault
Now They’ve Gone And Lost It
And It’s Not Even Our Fault
They Say It’s Called A Credit Crunch
All Across The Nation
You Can Call it Wot You Like
Where’s My Compensation
They Paid Themselves With Our Cash
And Couldn’t Give A Toss
What Happened To The Workers
O You Clever Boss
So Well Paid And Hidden Away
On Your Country Estate
If We Sound Bitter It’s Because
We Made One Big Mistake
We gave You All Our Money
You Smiled And Said It Would Grow
Now You’ve Gone And Lost it All
And We Have Nothing To Show
O You Clever Boss
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