According to the U.S. Department of Labor's Bureau of Labor Statistics, there are nearly 31 million people currently unemployed -- that's including those involuntarily working parttime and those who want a job, but have given up on trying to find one. In the face of the worst economic upheaval since the Great Depression, millions of Americans are hurting. "The Decline: The Geography of a Recession," as created by labor writer LaToya Egwuekwe, serves as a vivid representation of just how much. Watch the deteriorating transformation of the U.S. economy from January 2007 -- approximately one year before the start of the recession -- to the most recent unemployment data available today.
Higher-definition versions available at YouTube, or view a very big blow up here (incredibly dramatic).
This is Professor Victor V. Claar's Economics Blog. I use it mostly to keep track of interesting video segments that I use in class, but you will occasionally find other posts here as well.
Wednesday, August 18, 2010
The Decline: The Geography of a Recession
Subscribe to:
Post Comments (Atom)
A very dramatic demonstration. Only low population, rural areas seem exempt.
ReplyDelete