4.14.2009

She flies with her own wings

Via Atrios:
Oregon’s seasonally adjusted unemployment rate rose to 12.1 percent from 10.7 percent in February. This tied Oregon’s unemployment rate in November 1982, the highpoint of the early 1980s recession. While historical records prior to 1976 are not exactly comparable, it appears clear that the 12.1 percent level is Oregon’s highest since 1947, when the Employment Department first started publishing unemployment rates.
I remember 1982 Oregon. Things were way down and only seemed to get less bad just in time for the 1991/92 recession. Recovery, as far as I could tell, didn't really feel like it occurred until the tech boom of the mid and late 90s, which treated Oregon very well.

At least this time around they won't be able to blame it on the spotted owl.