Thursday, May 08, 2008
Unemployment Not Too Bad
Undoubtedly the larger proportion of older workers is helping a bit - as people retire it lessens unemployment. Also all the anecdotes about illegal workers leaving (which are backed up by some real data) are probably helping the numbers.
The lawn crews around the business park are 50/50 white/latino previously there was one 1 white guy among the 3 crews that worked the area. The new Subway sandwich that opened in the new strip back at beginning of March has 1 latino and 3 or 4 20-something guys. The window washers which just came through today were all white vs. all latino last year.
Little bits here and there which I think add up to better than expected for a recession employment numbers.
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