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Re: How's the economy in your neck of the woods?
CatBrat #398078 10/23/13 01:09 AM
Joined: Apr 2003
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shareholder in the making
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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?
JBG #398084 10/23/13 03:58 AM
Joined: Feb 2004
Posts: 1,703
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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?
JBG #398089 10/23/13 12:33 PM
Joined: Sep 2004
Posts: 11,458
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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?
MarkSJohnson #398094 10/23/13 05:36 PM
Joined: Nov 2004
Posts: 185
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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?
wilwom #398103 10/23/13 11:54 PM
Joined: Feb 2004
Posts: 2,854
R
connoisseur
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R
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?
JBG #398106 10/24/13 02:10 AM
Joined: Oct 2012
Posts: 2,021
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Joined: Oct 2012
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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?
JBG #398109 10/24/13 11:46 AM
Joined: Oct 2006
Posts: 6,955
axiomite
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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?
Murph #398121 10/24/13 10:49 PM
Joined: Dec 2007
Posts: 7,786
axiomite
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axiomite
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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?
fredk #398122 10/24/13 10:53 PM
Joined: Dec 2007
Posts: 7,786
axiomite
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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?
JBG #398126 10/24/13 11:25 PM
Joined: Dec 2008
Posts: 6,928
axiomite
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axiomite
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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.
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