Friday, June 5, 2009

The Geography of Job Losses

There’s an extremely cool animation of job gains and losses since 2004 at Tip Strategies. Here’s a couple of screen shots:

image

image

The animated version is amazing. This reminded me of Jim Hamilton’s powerpoint which shows the regional propagation by quarter of recessions between 1969 and 2004, saved here. Did you know that the recession starting in 1990 actually began in Arizona in the fourth quarter of 1988?

image

image

You have to click through the slides yourself; the action starts on slide 14.

These are both good reminders that there are huge variations in a recession’s impact among metro areas.