Comments on: Job Disappearance by County

By: Links (01/05/2010): The Money Maker Mattress | My Investment Analysis

Links (01/05/2010): The Money Maker Mattress | My Investment Analysis — Wed, 06 Jan 2010 00:12:16 +0000

[...] 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 [...]

By: Steve Barry

Steve Barry — Tue, 05 Jan 2010 14:47:02 +0000

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

By: Sunday Night « Bruised Muse

Sunday Night « Bruised Muse — Mon, 04 Jan 2010 03:14:04 +0000

[...] To have a gander of what we’re up against, browse over to The Big Picture to read, Job Disappearance by County. [...]

By: brasil61

brasil61 — Sun, 03 Jan 2010 13:29:05 +0000

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!

By: Mike in Nola

Mike in Nola — Sun, 03 Jan 2010 05:21:54 +0000

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.

By: franklin411

franklin411 — Sun, 03 Jan 2010 04:47:18 +0000

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.

By: johnborchers

johnborchers — Sun, 03 Jan 2010 04:42:42 +0000

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.

By: Steve Barry

Steve Barry — Sun, 03 Jan 2010 04:23:47 +0000

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

By: johnborchers

johnborchers — Sun, 03 Jan 2010 04:08:09 +0000

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?

By: TakBak04

TakBak04 — Sun, 03 Jan 2010 03:00:30 +0000

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!