Monday, April 13, 2009

Horrendous

Oregon March Unemployment at 12.1%. This crushes my (I thought) pessimistic estimate of 11.5% and is truly shocking. All along I had a hope that we would remain under the peak of the 12.1% unemployment we saw in November of 1982. Nope. And there is every reason to expect this to continue to worsen through the bulk of the remainer of this year.

2 comments:

  1. This comment has been removed by the author.

    ReplyDelete
  2. How high will it go? It seems like complete collaspe from all sectors?

    ReplyDelete