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Stagflation grips the American Economy.

Danny G. Goe

Rising gasoline, grocery and retail prices are becoming shock and awe.

Paychecks are still the same; families are caught between a rock and a hard place to make ends meet and decide what to do without.

Higher interest rates on longer-term loans mean expectation of higher inflation.

Lenders need to maintain their buying power; they must include the cost of inflation.

Expect double-digit hyperinflation sometime near 2010. We see the beginning now. 

If your earnings and investments don’t increase as fast as the inflation rate, you are losing your buying power.

Will we see $5.00 gasoline? You can bet your bottom dollar on $5.00 gasoline, with a hurricane or terrorist activities.

Analysis of layoffs for June 1-7 reported 14,142 layoffs, on average 2020/day lost their jobs, or 61450/month

The public is being spoon-feed false facts about the economy and the true facts will eventually come to light as the economy stalls and enters into recession. However, we may already be in recession.

Rural America is in very serious economic trouble; earnings have not been keeping up with state or national levels.

Those societies that recognize this can recruit some very high quality employees.

Some areas in American are economic oases, good jobs, great pay and many opportunities.

Do not shortchange yourself; be wise to maximize your skills and job opportunities.

Luck is where preparation and opportunity meet.

The choice is yours for a higher quality of life with the right skills, and opportunities.

Danny G. Goe

515 Eastholm

Mexico, MO. 65265

573-581-3547

DGoe@itwebs.com

Non-exclusive print only.

=========================================================== For informational purposes only…

This is the analysis of the layoff data I get from the web each week.

This is for the week of June 7, 2007.

I do see a lot of consolidation in the financial industry.

    The loan departments are shedding workers and so to in the financial stock area as more and more of the local broker dealers are cut out of the system to increase the bulk of the take from those in the larger cities.

    The educational system is shedding workers also.   

    The new employment figures minus the layoffs seem to me to indicate that the true rate of growth of employment is not as good as the administration is saying. The other side is that those finding new jobs may find less in their pay checks as they are forced to take less and decide what to do without.

Sincerely,

Danny G. Goe

    1,   CT,  Middlebury,         CHEMICALS,                                205,      205
    2,   OH,  Cleveland,          CONSTRUCTION,                              35,      240
    3,   PA,  Duquesne,           EDUCATION,                                200,      440
    4,   MA,  Fitchburg,          EDUCATION,                                 59,      499
    5,   ON,  Peterborough,       EDUCATION,                                 16,      515
    6,   ON,  North Bay,          EDUCATION,                                 40,      555
    7,   GA,  Warner Robins,      EDUCATION,                                  9,      564
    8,   AB,  Calgary,            ENERGY AND UTILITIES,                       1,      565
    9,   NC,  Charlotte,          ENTERTAINMENT AND ARTS,                     6,      571
    10,  ME,  Biddeford,          FINANCIAL SERVICES,                        20,      591
    11,  NJ,  Newark,             FINANCIAL SERVICES,                       420,     1011
    12,  VA,  Richmond,           FINANCIAL SERVICES,                      4000,     5011
    13,  OH,  Deerfield Township, FINANCIAL SERVICES,                        81,     5092
    14,  CA,  Berkeley,           GOVERNMENT,                                22,     5114
    15,  FL,  Tallahassee,        GOVERNMENT,                                54,     5168
    16,  WV,  Charleston,         GOVERNMENT,                                65,     5233
    17,  MN,  Minneapolis,        HEALTH CARE,                              500,     5733
    18,  NJ,  Westwood,           HEALTH CARE,                               25,     5758
    19,  NY,  Staten Island,      HEALTH CARE,                               35,     5793
    20,  CO,  Denver,             HEALTH CARE,                               70,     5863
    21,  OH,  Westerville,        HEALTH CARE,                              102,     5965
    22,  MO,  Chesterfield,       SOFTWARE,                                  15,     5980
    23,  CA,  El Dorado Hills,    SOFTWARE,                                  15,     5995
    24,  NC,  Charlotte,          SOFTWARE,                                  15,     6010
    25,  WA,  Redmond,            HIGH TECHNOLOGY,                           28,     6038
    26,  CA,  Santa Clara,        HIGH TECHNOLOGY,                            1,     6039
    27,  CA,  Redwood City,       HIGH TECHNOLOGY,                            1,     6040
    28,  CA,  Foster City,        HIGH TECHNOLOGY,                           50,     6090
    29,  LA,  St. Francisville,   LUMBER,                                   540,     6630
    30,  NJ,  Parsippany,         MANUFACTURING,                             27,     6657
    31,  FL,  Sarasota,           MANUFACTURING,                             90,     6747
    32,  MN,  Hutchinson,         MANUFACTURING,                            500,     7247
    33,  OH,  Dayton,             MANUFACTURING,                            337,     7584
    34,  KS,  Park City,          MANUFACTURING,                            220,     7804
    35,  CT,  Stamford,           MANUFACTURING,                            615,     8419
    36,  MI,  Marysville,         MANUFACTURING,                             58,     8477
    37,  KY,  Frankfort,          MANUFACTURING,                            225,     8702
    38,  TN,  La Vergne,          MANUFACTURING,                            330,     9032
    39,  NC,  Greensboro,         MEDIA AND COMMUNICATIONS,                  41,     9073
    40,  MD,  Baltimore,          NON PROFIT,                                49,     9122
    41,  SC,  Fort Mill,          PHARMACEUTICALS/BIOTECHNOLOGY,            540,     9662
    42,  IL,  Schaumburg,         TELECOMMUNICATIONS,                      4000,    13662
    43,  NJ,  Park Ridge,         TRANSPORTATION,                           480,    14142

total layoffs of 14142 in 7 days equals about
Per Day=    2020
Per Month= 61450
Per Year= 737404

Totals by state
    CT      820     0.0570      820
    OH      555     0.0390     1375
    PA      200     0.0140     1575
    MA       59     0.0040     1634
    ON       56     0.0030     1690
    GA        9     0.0000     1699
    AB        1     0.0000     1700
    NC       62     0.0040     1762
    ME       20     0.0010     1782
    NJ      952     0.0670     2734
    VA     4000     0.2820     6734
    CA       89     0.0060     6823
    FL      144     0.0100     6967
    WV       65     0.0040     7032
    MN     1000     0.0700     8032
    NY       35     0.0020     8067
    CO       70     0.0040     8137
    MO       15     0.0010     8152
    WA       28     0.0010     8180
    LA      540     0.0380     8720
    KS      220     0.0150     8940
    MI       58     0.0040     8998
    KY      225     0.0150     9223
    TN      330     0.0230     9553
    MD       49     0.0030     9602
    SC      540     0.0380    10142
    IL     4000     0.2820    14142

Totals by Business type
    CHEMICALS                        205     0.0140      205
    CONSTRUCTION                      35     0.0020      240
    EDUCATION                        324     0.0220      564
    ENERGY AND UTILITIES               1     0.0000      565
    ENTERTAINMENT AND ARTS             6     0.0000      571
    FINANCIAL SERVICES              4521     0.3190     5092
    GOVERNMENT                       141     0.0090     5233
    HEALTH CARE                      732     0.0510     5965
    SOFTWARE                          45     0.0030     6010
    HIGH TECHNOLOGY                   80     0.0050     6090
    LUMBER                           540     0.0380     6630
    MANUFACTURING                   2402     0.1690     9032
    MEDIA AND COMMUNICATIONS          41     0.0020     9073
    NON PROFIT                        49     0.0030     9122
    PHARMACEUTICALS/BIOTECHNOLOGY    540     0.0380     9662
    TELECOMMUNICATIONS              4000     0.2820    13662
    TRANSPORTATION                   480     0.0330    14142

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