Quick post of the harsh numbers that just came out:
Bend MSA
Unemployment, unadjusted, March, 2009: 17%
Unemployment, unadjusted, March, 2008: 7.8%
Deschutes County:
Notices of Default, year to date through April 17th, 2009: 1037
Notices of Default, year to date through April 17th, 2008: 395
Notices of Default, all of 2007: 590
More later.
Showing posts with label unemployment rate. Show all posts
Showing posts with label unemployment rate. Show all posts
Monday, April 20, 2009
Monday, March 23, 2009
16.1% Unemployment in February
For January, we were one place in front of Flint, MI, tied for 356th out of 372 MSA's in the US:
The numbers for February just came out a few minutes ago, and we are number one in Oregon once again at 16.1% unadjusted, a stunning 1.7% increase from January. I wonder if we will actually surpass Flint and drop into the range of the Central Valley in California. It was grim and it's gotten even grimmer for anyone needing a job around Bend.
On a related note, I just talked to Trudy a little while ago, and she had a customer whoworks worked for Cessna come in and talk for awhile this morning. His last day was last Friday, and his comment about Cessna after this latest round of layoffs is that "...it's like a ghost town out there." Not good. He is single and doesn't have much for expenses, so he figures he is going to hang out and play for a while. Those with families to support are probably not that lucky. Every day I see more For Rent and For Sale signs. And more people like the "Single Father, Needs Rent Money, Anything Helps" guy with his two kids at the intersection of Reed Market and 3rd St. the other day.
I'm not sure what the solution is, but it's going to take a long time to get back to where we were even twelve months ago at 8.1% UE. We are now in the top 5% of unemployment in the entire United States.
That's really grim. Let's hope our Councilors don't decide to spend too much more of our precious tax dollars as things get worse. No more unanticipated $400,000 expenses to be paid out before June 30th, please.
| 356 | Bend, OR Metropolitan Statistical Area | 14.6 |
| 356 | Monroe, MI Metropolitan Statistical Area | 14.6 |
| 358 | Flint, MI Metropolitan Statistical Area | 14.8 |
The numbers for February just came out a few minutes ago, and we are number one in Oregon once again at 16.1% unadjusted, a stunning 1.7% increase from January. I wonder if we will actually surpass Flint and drop into the range of the Central Valley in California. It was grim and it's gotten even grimmer for anyone needing a job around Bend.
On a related note, I just talked to Trudy a little while ago, and she had a customer who
I'm not sure what the solution is, but it's going to take a long time to get back to where we were even twelve months ago at 8.1% UE. We are now in the top 5% of unemployment in the entire United States.
That's really grim. Let's hope our Councilors don't decide to spend too much more of our precious tax dollars as things get worse. No more unanticipated $400,000 expenses to be paid out before June 30th, please.
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