Rick's ECE home page

ECE Masters Degree August 2008

Graduate Certificate in Computer Architecture & Design December 2007

Projects ISA Emulators: PDP-8 & HP-35 HDL Processors: PDP-8 & HP-35 IMap: OGL graphics app LFSR: a linear feedback shift register demonstrator AVR: a clock using an AVR processor Currently seeking employment Available on a regular employee or contract basis C/C++ for industrial systems control Microsoft MFC GUI design Embedded systems hardware and software (Atmel AVR) RTL design, simulations in C/C++, and behavioral implementation in VHDL Computer graphics and computational geometry Linux device drivers Project management Resume email me Comparisons of some economic indicators in the US during recessions (Click image for larger view in new window)

Employment losses during last thirty-five years of recessions Employment Loss Integral: To capture the length and depth of recessions, both the amount of loss and the duration can be accounted for by the integral of the loss over time: (graph) 1974 1981 1990 2001 2009   26 45 30 59 78 Percent-months Revision: the BLS revises data based on a comprehensive survey. This was released in February and changes data going back to January 2007. The original data is shown as a light line on the graph. Through January, updated February 2010 (last two months preliminary) Seasonally adjusted data Out of work Long term unemployment (27 weeks or more), as a percentage of the unemployed population. For five years from the start of the the recession as measured by peak employment. After the 2001 recession, the share of long term unemployment never went down to the levels seen after other recessions. The lowest value was over 15%, while in previous recessions going back to 1970 the lowest number was 10% or under. Through January, updated February 2010 Lost decade? Employment since February, 2001 (peak before 2001 recession). In no previous recession in the last forty years has the number of people employed gone lower than the previous peak. In this recession, the number of people employed has gone lower than the previous trough. Currently employment is less than September, 1999 levels. Note this does not take into account the need for new jobs to be created for rising population. Through January, updated February 2010 We don't make them like we used to Employment in manufacturing for the last forty years. Expressed as number of people employed and as a percentage of the workforce. Looks like a secular trend to me… Through December, updated January 2010 Local Picture Oregon employment in technology sectors for the last twenty years. NBER recessions indicated by gray bars. We currently have fewer people working in the tech sector than in April, 1996. December data from Oregon Employment Situation report. Indications Employment changes from peak for recessions plotted against the Chicago Fed National Activity Index three month moving average. NBER recessions indicated in gray. Through December, updated December 29th, 2010 Unemployment For completeness, the unemployment rate. Note that after the two previous recessions (1991 & 2001) the unemployment rate continued to rise after the end of the NBER recession, while in previous recessions it fell at the end of the recession. NBER recessions indicated in gray. Through January, updated February 2010 Industrial production during last thirty-five years of recessions Through December, updated January 16th, 2010 Peak Employment NBER Recessions Recession Date Start End 1974 July, 1974 11/1973 3/1975 1981 July, 1981 7/1981 11/1982 1990 June, 1990 7/1990 3/1991 2001 February, 2001 3/2001 11/2001 2008 December, 2007 12/2007

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