Unemployment expected to continue to increase through 2010...

[Ilsa]

Nancy Lazar, Executive Vice President and Economist of International Strategy Invest, was just on CNBC. She said she expects unemployment to increase through 2010 to over 7%, the highest rate in 20 years.

Considering how the W*orst Administration Ever cheats on their statistics, this is scary. I wonder what real unemployment will be?

[Yavin4]

1. We're Going To Have 10%+ Real Unemployment for the Next 10 to 15 Years

The economic crisis that we find ourselves in is not going away any time soon.

[Ilsa]

2. My husband's firm laid off some people this week. Hubby's boss

was asked by the head honchos if there was anyone he could cut for nonperformance. Fortunately, hubby's office is swamped with work, and everyone is putting in alot of time, travel, etc, making money for the company.

[Yavin4]

5. First, They Cut The Non-Performers. Then, They Just Cut The Workers

Your husband's job will either be outsourced overseas or in-sourced with cheaper labor from abroad.

[Jim__]

3. Hopefully, the banking industry will be doing well.

I mean, that $700 billion should help someone.

[Blue Diadem]

4. Some counties and cities in Ohio are already above that. 10.2 is the highest, State Avg. is 7.4

I know of at least two major employers who will be either closing or downsizing.

http://toledoblade.com/apps/pbcs.dll/article?AID=/20080923/BUSINESS09/809230263

CITIES
CITY - RATE
Hamilton 7.3
Springfield 8.1
Cleveland 9.7
Cleveland Hts. 6.2
Euclid 8.2
Lakewood 6.6
Parma 7.3
Columbus 6.2
Cincinnati 6.9
Mentor 5.9
Elyria 7.5
Lorain 9.2
Toledo 9.9
Youngstown 10.0
Dayton 9.1
Kettering 6.6
Mansfield 8.1
Canton 8.7
Akron 7.4
Cuyahoga Falls 6.2



COUNTY-BY-COUNTY


The Ohio county-by-county unemployment figures for August, released Tuesday by the Ohio Department of Job and Family Services:

COUNTY - RATE
Adams 9.3
Allen 7.8
Ashland 7.0
Ashtabula 7.9
Athens 8.2
Auglaize 5.8
Belmont 6.4
Brown 7.8
Butler 6.6
Carroll 7.6
Champaign 7.6
Clark 7.5
Clermont 6.4
Clinton 6.3
Columbiana 7.9
Coshocton 9.4
Crawford 10.2
Cuyahoga 7.8
Darke 6.1
Defiance 8.0
Delaware 5.2
Erie 6.7
Fairfield 6.2
Fayette 6.0
Franklin 6.1
Fulton 8.2
Gallia 7.4
Geauga 5.9
Greene 7.1
Guernsey 9.4
Hamilton 6.3
Hancock 6.3
Hardin 7.7
Harrison 7.6
Henry 8.0
Highland 7.6
Hocking 8.1
Holmes 5.2
Huron 8.9
Jackson 8.7
Jefferson 7.8
Knox 6.7
Lake 6.4
Lawrence 6.3
Licking 6.5
Logan 6.7
Lorain 7.5
Lucas 9.2
Madison 6.7
Mahoning 7.9
Marion 7.8
Medina 6.4
Meigs 10.8
Mercer 5.4
Miami 7.0
Monroe 9.6
Montgomery 7.8
Morgan 10.8
Morrow 6.9
Muskingum 8.9
Noble 9.2
Ottawa 7.9
Paulding 7.4
Perry 8.7
Pickaway 7.9
Pike 10.5
Portage 6.6
Preble 6.8
Putnam 5.9
Richland 7.6
Ross 8.6
Sandusky 7.3
Scioto 9.3
Seneca 7.2
Shelby 6.3
Stark 7.2
Summit 6.7
Trumbull 8.1
Tuscarawas 6.4
Union 5.7
Van Wert 10.2
Vinton 10.2
Warren 5.9
Washington 5.9
Wayne 6.1
Williams 8.7
Wood 7.5
Wyandot 8.5

[Romulox]

6. Greetings from Wayne County, Michigan. Welcome to the party! nt