A sample of today's news. Lennar is advertising a new special, plumbing the depths: "This bail out is for you!" Malls are bankrupt. Gov. Crist joins President Obama in feeling a "heartwarming" trend in the US economy. What else could they say. The water is turned off at a large condominium in Miami Dade because the association, wracked by foreclosures, can no longer pay its bill. Foreclosures in Miami-Dade are rising. Some banks-- that took US taxpayer money--are reporting "blockbuster" profits. Some banks are not. What's really going on? Take a look at this interactive map of vanishing employment across the country. The graphic, by Slate, provides the kind of visual representation that clarifies one's thinking. Check it out.
1 comment:
The interactive map is amazing. If you take a look at it closely, you see where the hurricanes affected the job market. Last night , in a restaurant, a young woman from Memphis was sharing the fact with us, that we, in Miami, had no idea how bad the economy was elsewhere. She had come to Miami via Alabama after having to relocate from Tennessee. She has a degree in computer graphic design and accounting. She loved working as an events planner in her last life and those type of jobs dried up too. Now, she is a waitress while marking time, looking to get back into her degree field. she followed a friend to Miami in hopes of finding a larger job market to focus on. How she was being so upbeat after being laid off and job hunting in two other cities, I haven't a clue.
Post a Comment