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#398078 - 10/22/13 09:09 PM Re: How's the economy in your neck of the woods? [Re: CatBrat]
pmbuko Offline
shareholder in the making

Registered: 04/02/03
Posts: 16259
Loc: Leesburg, Virginia
I live/work in the DC Metro area. The local economy has been steadily improving over the past 5 years. I don't know anyone who's out of a job at the moment. I know it's not like this everywhere, though.
_________________________
"I wish I had documented more…" said nobody on their death bed, ever.

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#398084 - 10/22/13 11:58 PM Re: How's the economy in your neck of the woods? [Re: JBG]
INANE Offline
connoisseur

Registered: 02/04/04
Posts: 1660
Loc: Omaha, Nebraska
We joke around here that Omaha is recession proof. We didn't get thru the downturn completely unscathed but things are moving along fairly well last couple years now.
_________________________
-Ben
HT v2.0 !
HT v1.0

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#398089 - 10/23/13 08:33 AM Re: How's the economy in your neck of the woods? [Re: JBG]
MarkSJohnson Offline
shareholder in the making

Registered: 09/27/04
Posts: 10832
Loc: Central NH
New Hampshire has been fortunate to have one of the lower unemployment rates all along. I've seen some differences over the last 5 years, but nothing substantial either way.
_________________________
::::::: No disrespect to Axiom, but my favorite woofer is my yellow lab :::::::

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#398094 - 10/23/13 01:36 PM Re: How's the economy in your neck of the woods? [Re: MarkSJohnson]
wilwom Offline
veteran

Registered: 11/08/04
Posts: 174
Loc: Denton, TX
The Dallas area continues to have jobs but many applicants per job. Some companies are laying off and then hiring new workers at wages 15-25% lower from the large supply of applicants.

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#398103 - 10/23/13 07:54 PM Re: How's the economy in your neck of the woods? [Re: wilwom]
Ray3 Offline
connoisseur

Registered: 02/02/04
Posts: 2840
Loc: Rochester, NY
I can't speak for all other retirees, but I haven't been laid off or furloughed from my retirement.

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#398106 - 10/23/13 10:10 PM Re: How's the economy in your neck of the woods? [Re: JBG]
brwsaw Offline
aficionado

Registered: 10/12/12
Posts: 976
I was supposed to retire at 30.
It was wish full thinking but worth a shot.
_________________________
Bringing up my average 1 hour at a time

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#398109 - 10/24/13 07:46 AM Re: How's the economy in your neck of the woods? [Re: JBG]
Murph Offline
axiomite

Registered: 10/05/06
Posts: 6738
Loc: PEI, Canada
I'm no economist but recently in this area,

The Bad News - The Government changed Employment Insurance in such a way that it hurts our mostly seasonal economy.
and
The Good news
- When everyone goes out west, there will be more lonely ladies jobs for everyone.

The Bad News - Summer is over and half the businesses will close because they won't have the big tourism crowd to keep them going.
and
The Good News
- Summer is over and the population of old couples from cruise ships in L.L.Bean shorts and Tilleys wandering around like the walking dead has been greatly reduced.

The Bad News - Our provincial Senator stole all our tax money.
and
The Good News
- #DuffyMovieTitles has become one extremely entertaining Twitter trend.
_________________________
With great power comes Awesome irresponsibility.

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#398121 - 10/24/13 06:49 PM Re: How's the economy in your neck of the woods? [Re: Murph]
fredk Offline
axiomite

Registered: 12/06/07
Posts: 7031
Loc: Canada
Dear PEI;

Take Duffy back please. We'll pay the for his flight home.
_________________________
Fred

-------
Blujays1: Spending Fred's money one bottle at a time, no two... Oh crap!

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#398122 - 10/24/13 06:53 PM Re: How's the economy in your neck of the woods? [Re: fredk]
fredk Offline
axiomite

Registered: 12/06/07
Posts: 7031
Loc: Canada
The economy in Ontario is a mixed bag. Low interest rates and an irrational desire to own a home at any price has continued to drive construction, but you have to believe that will eventually come to an end, even in this free money economy.

Manufacturing has been gutted over the last 10 years. Though there is still a reasonably large auto manufacturing base there has been steady downward pressure on wages and benefits.

Despite the housing boom, growth has been, and will continue to be tepid.

I'm thankful that I am working for a large manufacturer supplying parts for a popular vehicle. I would not want to be looking for work in this environment and at my age.
_________________________
Fred

-------
Blujays1: Spending Fred's money one bottle at a time, no two... Oh crap!

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#398126 - 10/24/13 07:25 PM Re: How's the economy in your neck of the woods? [Re: JBG]
Adrian Offline
axiomite

Registered: 12/27/08
Posts: 6600
Loc: It's all about the location.
The true measure of any economy is whether manufacturing is growing or not. I think we're going sideways at best.
_________________________
Half of communication is listening. You can't listen with your mouth.

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