Job Disappearance by County
Nice interactive map of vanishing employment, via Slate:
Using the Labor Department’s local area unemployment statistics, Slate presents the recession as told by unemployment numbers for each county in America. Because the data are not seasonally adjusted for natural employment cycles throughout the year, the numbers you see show the change in the number of people employed compared with the same month in the previous year. Blue dots represent a net increase in jobs, while red dots indicate a decrease. The larger the dot, the greater the number of jobs gained or lost. Click the arrows or calendar at the bottom to see each month of data. Click the green play button to see an animation of the data.
~~~
Source:
When Did Your County’s Jobs Disappear?
An interactive map of vanishing employment across the country, updated with the latest figures.
Chris Wilson
Slate, Wednesday, Dec. 30, 2009
http://www.slate.com/id/2216238
January 2nd, 2010 at 12:30 pm
Very cool. Thanks, Barry!
January 2nd, 2010 at 1:03 pm
Couple observations:
1) The devastation seems to spare the “Red” counties more.
Low taxation and low social services do two things:
2) Attracts economic development from high tax areas.
3) Drives away struggling people to places where there is a safety net.
4) The long term trend will be a polarized territory where high tax/high welfare areas are filled with economic strugglers
Forgive me for predicting the past.
January 2nd, 2010 at 1:27 pm
Wow, cool graphic. Lot of bleeding going on there since mid to late ‘08. Doesn’t look like a real “recovery” to me, but I’m told that jobs are a “lagging indicator”. We’ll see soon enough, won’t we?
January 2nd, 2010 at 2:35 pm
Given globalization, the ten billionaires in the US, most have created IT campuses in Bangalore, India. US jobs have been shipped offshore to India and China, with the respective corporations enjoying tremendous savings in labor costs.
Can we have a graphic for the count of US IT jobs in Bangalore, India? That would be a gigantic glowing blue spot, methinks.
January 2nd, 2010 at 3:05 pm
Looks like a virus attacking the host as time progresses!
Also:
Cool interactive maps from National Geographic here:
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Vital Statistics
Map and compare global trends. Explore related essays, photo galleries, and information graphics.
http://earthpulse.nationalgeographic.com/earthpulse/earthpulse-map
January 2nd, 2010 at 4:47 pm
>> 1) The devastation seems to spare the “Red” counties more.
In a recession, the biggest job losses occur where the most people live. So, the big red dots appear over the cities. (Since cities tend “blue”, your observation is correct.)
We still need food and energy production. And there’s more of that in the less dense areas.
January 2nd, 2010 at 4:50 pm
Also, in the runup to the bust, the biggest job gains were in the “blue” counties. Was that thanks to high taxes providing services to draw in people and businesses?
(No, I don’t really think so. I’m just warning not to draw too strong an inference from this chart.)
January 2nd, 2010 at 8:09 pm
Somewhat off topic but have others heard of this? Have you heard of this Barry?
http://market-ticker.denninger.net/archives/1807-Who-Set-The-Bomb-Off-Pimcos-PHK.html
This is a major move in this fund for someone to accept some 20% off the price on Friday with a market order.
January 2nd, 2010 at 9:07 pm
TakBak04 Says:
January 2nd, 2010 at 8:39 pm
BR:
Wouldn’t it be AMAZING…if any of our Cables for the Masses would put that “Interactive Chart” out there?
What worries me is that the “Middles” who don’t do Political or Financial Blogs/FaceBook/Twitter, etc., or, who are as “Aware” as many of us are out here these days of what we are going through Politically, Financially, Spiritually and Fundamentally in our American Culture these days are left out of seeing interactives like these.
I long for when our TEE VEE’s will be able to capture this and we no longer will be captives of whatever local Cable Conglomerate has us captive as to what we watch and cannot watch. Where we can BE FREE to WATCH WHAT WE WANT…from our Computers put out there on our TEE VEE screens so that we don’t have to sit on our butts watching this damned BOX!
However….WHO WILL PAY for this NEW MEDIA? Same folks as Before? New conglomerates emerge and we pay and they end up like the ones we have now …once they get BIG ENOUGH?
How will this evolve? Is there a big enough audience for those who want “real news” and “hard science” and the rest to exist without “Celebrity Fluff?” All hard stuff and no “fluff” indeed makes “Jack a dull boy.” (old English Nursery Rhyme) with much truth.
How does this sort out for those of us who are total Internet Addicts for News and Entertainment as opposed to those who love their “American Idol” and the features like you talk about “Curves” and PBS and HBO and whatever stuff Fox and Networks have that folks glue their eyes to.
Interesting times we live in. But, what IF the CABLE NEWS would do that Interactive Graphic…would it change minds? Wake more folks up? Who knows.
January 2nd, 2010 at 9:53 pm
RIGHT WING LOONIES UNABLE TO READ A CHART!
1. By 12/09 it is almost red everywhere;
2. the “blue” states, mostly the ones throughout the mid west and rockies, have much smaller populations and less diverse economies with large agricultural and mining sectors. The employment boom was consequently less and since agriculture and mining have fared relatively well the bust is proportionately less. Please note that U.S. agriculture is highly subsidized as opposed to being highly taxed.
3. Texas is “the” big oil state. Oil has fared well throughout the bust but this has nothing to do with taxes.
4. If you are tryng to prove that right wing philosophies are synonomous with a lack of education and thinking skills than good job, otherwise not.
Suggestion, read more post less.
SS
January 2nd, 2010 at 10:00 pm
Mikausa Says:
January 2nd, 2010 at 2:35 pm
Given globalization, the ten billionaires in the US, most have created IT campuses in Bangalore, India. US jobs have been shipped offshore to India and China, with the respective corporations enjoying tremendous savings in labor costs.
Can we have a graphic for the count of US IT jobs in Bangalore, India? That would be a gigantic glowing blue spot, methinks.
————
Makaus…What an excellent idea! Wonder who would do that? Would seem a very good and important chart for folks to see!
January 2nd, 2010 at 11:08 pm
IT and manufacturing jobs to Asia would be a big blue spot. That’s what the last 5 years US growth was about. Moving jobs overseas and setting up manufacturing there. Now what?
I did a calculation of unemployment compensation that the Fed gov’t keeps extending. It looks with 10M people out of work on unemployment insurance at an average of $300 per week that this costs some $3B per week to the USG. Another year at this same rate costs $156B not including all the lost tax revenue. I see a new a better stimulous bill coming! Any ideas?
January 2nd, 2010 at 11:23 pm
I see now why the bull/bear ratio is at 10 year highs. This chart goes back to 05, but with some digging I have done, I’m pretty sure it is at least a 10 year high.
http://contactgotoguy.googlepages.com/Bull-Bear-ratio.html
January 2nd, 2010 at 11:42 pm
Steve. I like the Bull Bear ratio and also the VIX. I know when options premiums go down but in reality when major uncertainty exists it’s normally a good time to bet against the market. In the case with really low volatility you can normally buy a put and call near the money 6 months out and almost guarentee you will make more money on one than you will lose on the other.
January 2nd, 2010 at 11:47 pm
The “blue” phase in the area where I grew up in California was 2002-7…most of those jobs were residential construction jobs and warehouse jobs shipping Chinese-made goods from the Port of Los Angeles to Wal-Marts around America. Frankly, I’ll be pleased as punch if those jobs are permanently replaced by manufacturing jobs and warehouse jobs shipping American-made goods to the rest of the world.
I know, I could have said “shipping American-made goods to China.” But unlike most Americans since the late 18th century, I don’t believe that the Chinese will ever open their market to our goods. Why should they? They’ve got our manufacturing sector on the ropes.
January 3rd, 2010 at 12:21 am
The chart seems consistent with what I’ve observed in Houston. What SS mentioned about oil v taxes is true. Texas was the traditional home of the oil industry, so there was a lot here.
People here thought it was protected by the oil industry, but that only meant that it lagged in following the rest of the country down. The oil companies are not as stupid as those buying oil futures and are laying off people in droves because $80 oil is ridiculous and their profits have gotten hammered in the past year. Plenty of empty storefronts and houses for sale now. The real estate market is almost in panic mode. A great many rentals on the market now as people have no prospect of selling. It’s in the higher priced end also, so it’s not just investors renting out houses as in the low priced markets in CA.
January 3rd, 2010 at 8:29 am
comments closed on supposed “Climate Statistics” debate … why taking up to much cyber pages..? interesting I posted this am ..the post was printed ..then deleted ..and then a closed and thank you from Barry dated yesterday was inserted ..cyberspace ..wow! ..my a.m. responses never existed cool!
January 3rd, 2010 at 10:14 pm
[...] To have a gander of what we’re up against, browse over to The Big Picture to read, Job Disappearance by County. [...]
January 5th, 2010 at 9:47 am
Good stuff…BR, I would like to see you write some threads on state and local deficits as well. According to this, states are 120B in the hole this fiscal year and another 260B the next 2 years. This may have a bigger direct effect on your average reader than almost any other topic out there.
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4671&updaterx=2010-01-03+17%3A31%3A46
January 5th, 2010 at 7:12 pm
[...] Job Disappearance by County (Big Picture): Enough said. Related Posts: Find out more!Links 12/30/09: Forecasting 201012/28/2009 LinksWednesday LinksThe Debt Burden [...]