Random Economic Data Point du Jour: Traffic Lights and Layoffs
This is apropos of pretty much nothing at all, but for a presentation I was working just now I tried to put in context the current total of 2.5-million U.S. layoffs and job losses.
So … making a host of dubious and supportable assumptions, including the number of traffic lights per capita in a typical city, the number of people/cars at each light, time of day, average family sizes, mobility pre/post unemployment, etc., I come up with the following: If you transit as few as five traffic lights in the average city it is likely that someone in a car at one of those lights around you was just laid off.