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-- Wow! Unemployment rates in LA Area...
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Wow! Unemployment rates in LA Area...

Dammmmmmmmmmmm

LA County: 10.6% (some may report it as 10.1% after some adjustment)

LA City: 12%

South Bay: 14.1% - dammmnn


Damn, up north is much better.....SF is at 8%. Marin County is under 7%. San Mateo is 7.2%.

.......sheeesh, and I am moving down heren and hoping to find a job quick. Doomed....

it's going to rise. just added myself to the statistic today :/

I've been part of this statistic too since last Thursday :|

quote:

Originally posted by gerard6975 it's going to rise. just added myself to the statistic today :/

Shit, Sorry to hear it

It's weird going to in to shops or businesses and talking to staff - a lot of employed workforce think they about to be let go at any time.

I don't think this is going to last much longer though - I reckon by the middle of 2009 it will have turned around the climb back up will begin.

found out a friend just lost his job literally 2 seconds ago. so weird to see it hitting so many people around us.

I may be part of the OC statistic soon. We had a meeting today with the president of the company and he said we aren't doing that good.

quote:

Originally posted by DjWoody I may be part of the OC statistic soon. We had a meeting today with the president of the company and he said we aren't doing that good.

sucks man! sounds like a ton of newspapers are getting ready to bite the dust.

so what industries are stable?
entertainment?
porn?

quote:

Originally posted by 72hrpartyanimal so what industries are stable? entertainment? porn?

Oil. Those fuckers are making more money than ever.

Entertainment is OK, not doing great but still ok.

There are many reasons I moved to Phoenix. This is a big one. Unemployment is lower and you need to make a bout a 3rd of what you need in LA. I paid $1600 for a one bedroom in LA. My friend who moved out here with my girl and I got a one bed that's nicer than mine was for $650. She got a job in a B of A call center making 28K and will have more than enough to be happy. Cali is a tough place to be right now.

quote:

Originally posted by gerard6975 it's going to rise. just added myself to the statistic today :/

Really sorry to hear that. I guess the bright side is you can put more energy into promo and hopefully make enough doing that.

quote:

Originally posted by 72hrpartyanimal so what industries are stable? entertainment? porn?

health care

Starwood Hotels is not doing well, Im hanging on by a limb over here. We have already had the Mckinsy's Consulting group come restructure Finance, HR, Marketing, and they are doing IT all of march.

quote:

Originally posted by HotDogWater health care

actually... I work in healthcare (Radiology) and the insurance reimbursements are getting lower and lower causing some of the smaller clinics to go under as well...

quote:

Originally posted by 72hrpartyanimal so what industries are stable? porn?

not even porn.

hubby's monthly sales have dropped. 2007 he was averaging about 500k in sales a month. In the beginning of 2008 he was averaging 400-430k a month in sales then it started dropping to 400k by the end of the year. Past 2 months he's barely made over 300k but he was so busy he didnt focus on selling. Still he wouldnt have made 400k these past 2 months. PLUS they are on a hiring freeze and cutting hours(trying not to cut jobs).

hows that?

quote:

Originally posted by DJ Reese Really sorry to hear that. I guess the bright side is you can put more energy into promo and hopefully make enough doing that.

How I just wish this promo thing can replace what I make as a marketing manager.

Repo and collections are job that are doing well.

Bankruptcy law is thru the roof.

I'm in commercial finance and we're one of the few companies staying afloat. We're in the middle of a hiring freeze, but we're working and working hard.

It's gonna get worse before it gets better. Don't expect to see any leveling off until the 4th quarter at the earliest.

quote:

Originally posted by skizzell sucks man! sounds like a ton of newspapers are getting ready to bite the dust.

Man! You should've seen the eye popping statistics the President showed us today. He showed us a list of the top 35 newspapers in the Us and how they're doing. ALL and I mean ALL are loosing money. There's a few that are filing chapter 11 and some that are about to just go out of business completely.

We're lucky to be still making money. But we're drowning too.

Government jobs are supposedly on the rise. I got an email the other day with about 10 court openings. Check out http://www.lasuperiorcourt.org/

Sad what is going in. My lil brother is pissed @ Obama for spending money on paying for people's mortgages while teachers are getting laid off left and right.

clubs in LA are still packed tho?

quote:

Originally posted by ftse1000 clubs in LA are still packed tho?

We gotta party the economy back.

quote:

Originally posted by 72hrpartyanimal so what industries are stable? entertainment? porn?

based on research...in down economies...there are actually two industries that do well...

ALCOHOL SALES and SKIN CARE products! And they actually go up!

As for stable, thats easy...brands that are in the STAPLE category tend do not be affected...that usually means RICE, BREAD, DEODORANT/ANTIPERSPIRANT, UNDERWEAR, etc.

The company I work for has been growing rapidly over the past year, with a growth rate of 20%+ a month... and we're on a hiring spree, increasing our staff by 30% the past few months

quote:

Originally posted by mar46017 Government jobs are supposedly on the rise. I got an email the other day with about 10 court openings. Check out http://www.lasuperiorcourt.org/ Sad what is going in. My lil brother is pissed @ Obama for spending money on paying for people's mortgages while teachers are getting laid off left and right.

No one has paid for my mortgage.

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