Worst is yet to come for job market

**Jason** · 03-05-2009, 08:34 PM

NEW YORK (CNNMoney.com) -- It's no secret that the job market is bad.

The Labor Department will release its latest jobs report Friday. Economists surveyed by Briefing.com forecast that the unemployment rate rose to 7.9% in February and that 650,000 jobs were lost.

Still, as bad as those numbers are, some have argued that this jobs downturn is not as bad as the early 1980s. The unemployment rate peaked at 10.8% in late 1982.

http://money.cnn.com/2009/03/05/news...ion=2009030518

**40sondacurb** · 03-05-2009, 09:57 PM

The 80's had the IT industry there to save us. Where's the equivalent? Solar panels?

mikeber · 03-06-2009, 08:46 AM

Quote:

Originally Posted by 40sondacurb

The 80's had the IT industry there to save us. Where's the equivalent? Solar panels?

Excellent remark! Yes, solar panels...

**simpswr** · 03-06-2009, 09:09 AM

. . and clean coal . . .

. .

yustr · 03-06-2009, 10:09 AM

Quote:

Originally Posted by 40sondacurb

The 80's had the IT industry there to save us. Where's the equivalent? Solar panels?

German firm to invest $3.5B in solar cell plant to serve US market. Oh wait - its in Mexico... LINK

03-05-2009, 08:34 PM	#1 (permalink)
Jason Faugh a ballagh Join Date: Dec 2001 Location: Pasco, FL Posts: 8,476 OS: Windows Vista My System Blog Entries: 2	Worst is yet to come for job market NEW YORK (CNNMoney.com) -- It's no secret that the job market is bad. The Labor Department will release its latest jobs report Friday. Economists surveyed by Briefing.com forecast that the unemployment rate rose to 7.9% in February and that 650,000 jobs were lost. Still, as bad as those numbers are, some have argued that this jobs downturn is not as bad as the early 1980s. The unemployment rate peaked at 10.8% in late 1982. http://money.cnn.com/2009/03/05/news...ion=2009030518 __________________ Posting Tips \| Advice for New People \| Common Fixes \| Agus na damnaithe fágtha gan focal Glaoigh ormsa i measc na naomh

03-05-2009, 09:57 PM	#2 (permalink)
40sondacurb Don't be a menace Join Date: Jan 2005 Posts: 6,285 OS: Vista sp2	Re: Worst is yet to come for job market The 80's had the IT industry there to save us. Where's the equivalent? Solar panels? __________________ Donate to keep the forum running

03-06-2009, 09:09 AM	#4 (permalink)
simpswr Moderator Hardware Team Join Date: May 2007 Location: Houston, Texas Posts: 12,230 OS: XP, Vista, Win 7	Re: Worst is yet to come for job market . . and clean coal . . . . . __________________ Rich MemTest86 \| BenchTest \| Virus/Trojan/Spyware Help How to post a Screen Shot \| PC running slow?