Re: How's the economy in your neck of the woods?
|
Joined: Apr 2003
Posts: 16,441
shareholder in the making
|
shareholder in the making
Joined: Apr 2003
Posts: 16,441 |
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.
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Feb 2004
Posts: 1,703
connoisseur
|
connoisseur
Joined: Feb 2004
Posts: 1,703 |
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.
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Sep 2004
Posts: 11,458
shareholder in the making
|
shareholder in the making
Joined: Sep 2004
Posts: 11,458 |
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 :::::::
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Nov 2004
Posts: 185
veteran
|
veteran
Joined: Nov 2004
Posts: 185 |
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.
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Feb 2004
Posts: 2,854
connoisseur
|
connoisseur
Joined: Feb 2004
Posts: 2,854 |
I can't speak for all other retirees, but I haven't been laid off or furloughed from my retirement.
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Oct 2012
Posts: 2,021 Likes: 1
connoisseur
|
connoisseur
Joined: Oct 2012
Posts: 2,021 Likes: 1 |
I was supposed to retire at 30. It was wish full thinking but worth a shot.
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Oct 2006
Posts: 6,955
axiomite
|
axiomite
Joined: Oct 2006
Posts: 6,955 |
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.
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Dec 2007
Posts: 7,786
axiomite
|
axiomite
Joined: Dec 2007
Posts: 7,786 |
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!
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Dec 2007
Posts: 7,786
axiomite
|
axiomite
Joined: Dec 2007
Posts: 7,786 |
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!
|
|
|
Re: How's the economy in your neck of the woods?
|
Joined: Dec 2008
Posts: 6,928
axiomite
|
axiomite
Joined: Dec 2008
Posts: 6,928 |
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.
|
|
|
Forums16
Topics24,945
Posts442,486
Members15,617
|
Most Online2,082 Jan 22nd, 2020
|
|
0 members (),
1,206
guests, and
3
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
|
|