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John B. Lounsbury Ph.D., CFP is a financial planner and investment advisor in Clayton, NC.
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  • Glimmers of Hope for Employment 6 comments
    Nov 9, 2009 11:08 AM
    An article at TheStreet.com (here) discusses why there are some glimmers of hope in extrapolations of the latest employment data.  A projection is made that unemployment will peak in the middle of 2010, but could come sooner if the recovery gathers steam.
    Themes: employment
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This post has 6 comments:

  •  
    John, I really could not make out what is going on with that analysis by Nathan. 4.3% average for men with college degrees aged 22-44 (sic, working from memory here)?

    This is more like a bright light chatching me unawares than a glimmer.

    Can you expand on the theme for us?
    Nov 09 11:27 AM | Link | Reply
  •  
    I am hoping to find time this week to do a series of analyses on unemployment. I hadn't considered discussion of demographics, but maybe I can get to it. I think the bottom line is that college graduate professionals are not having much of a recession, on average, and the less educated and blue collar people are having a depression.


    On Nov 09 11:27 AM tripleblack wrote:

    > John, I really could not make out what is going on with that analysis
    > by Nathan. 4.3% average for men with college degrees aged 22-44 (sic,
    > working from memory here)?
    >
    > This is more like a bright light chatching me unawares than a glimmer.
    >
    >
    > Can you expand on the theme for us?
    Nov 09 11:40 AM | Link | Reply
  •  
    John: I caught your US maps expanding job loss. Quite revealing that was.

    May I offer that job loss from a demographics stand point contains one aspect that may be hidden. I can only speak from what my bro-in-laws have both endured, as well as a smattering of friends; they did not lose their jobs, but their wages were cut.

    I'm clueless on how that is tracked, as in the % of white collar people who still retain their jobs, but had their salaries whacked.

    I'll be interested to read your perspective.
    Nov 09 12:00 PM | Link | Reply
  •  
    OK, I'll keep an eye out for that. I hope you know how much a lot of us rely on your generosity and knowledge! Thanks for what you do!


    On Nov 09 11:40 AM John Lounsbury wrote:

    > I am hoping to find time this week to do a series of analyses on
    > unemployment. I hadn't considered discussion of demographics, but
    > maybe I can get to it. I think the bottom line is that college graduate
    > professionals are not having much of a recession, on average, and
    > the less educated and blue collar people are having a depression.
    >
    Nov 09 01:13 PM | Link | Reply
  •  
    Maya - - -

    I have some data that I'll try to get out this week, but it is very macro. I don't think I have anything that will isolate pay cuts demographically. I'll stay alert for that.
    Nov 09 01:42 PM | Link | Reply
  •  
    Probably all merged into savings, spending, etc., a host of many other categories; "easy" as sorting through a single noodle on a big plate of angel hair pasta,

    On November 16th or 17th, I will be upating my Insta "The Scariest Financial Site On The Web." It will offer a 3 month snapshot at the piling up of all kinds of categorized debt.

    Last week I noticed that one of the stats that usdebtclock.org got rid of was "Unofficial Jobs Lost." I find that curious.
    Nov 09 02:15 PM | Link | Reply
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