Skip to content


Seeing is Believing as Unemployment Sweeps Across the Nation

11/18/09 Stockholm, Sweden – Unemployment is being covered extensively these days, but it’s difficult to describe in words the severity of the problem. Today a moving time-lapse image of joblessness growing across the US map like a cancer really hammers the point home. Unemployment seems more like it’s on a slippery slope with each passing day. Viewing this graphic presentation seems akin to a watching pandemic sweeping across the nation.

The image shows unemployment rates at the county level and how quickly they have been increasing, nearly doubling from 4.5 percent in 2007 to 8.5 percent in 2009, and in seeing the problem spread the extent of the economic disintegration becomes palpable.

The moving graphic entitled, The Decline: The Geography of a Recession, came to our attention via The Daily Bail, and is available here.

 

UnemploymentCounties

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

Special Report: From Hulbert’s No 1-Ranked Advisory Letter Over 5 Years, GOLD $2000 REPORT : Five entirely new ways to play the gold trend and a hidden way to snap up gold- for less than one penny per ounce!

 

The articles and commentary featured on the Daily Reckoning are presented by Agora Financial. Additional market commentary is available through The 5Min Forecast .

Sign Up for The Daily Reckoning e-letter and receive a copy of Bill Bonner's The Trade of The Decade report… at NO CHARGE.

  

We Will Not Share Your Email.
We Value Your Privacy.

Related Articles:


0 Responses

Some HTML is OK

(never shared)

or, reply to this post via trackback. Our Comment Policy.