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Old 05-29-2013, 04:51 PM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,598 posts, read 53,264,199 times
Reputation: 14517

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Large Metro Areas, April 2013 Unemployment Rate
Oklahoma City 4.1%
Salt Lake City 4.2%
Minneapolis-St Paul-Bloomington 4.9%
Washington-Arlington-Alexandria 5.0%
Austin-Round Rock-San Marcos 5.1%
Birmingham-Hoover 5.2%
Seattle-Tacoma-Bellevue 5.2%
Richmond 5.4%
Virginia Beach-Norfolk-Newport News 5.4%
Boston-Cambridge-Quincy 5.7%
Columbus 5.7%
Houston-Sugar Land-Baytown 5.9%
San Antonio-New Braunfels 5.9%
Dallas-Ft Worth-Arlington 6.0%
Kansas City 6.1%
New Orleans-Metairie-Kenner 6.2%
San Francisco-Oakland-Fremont 6.2%
Jacksonville 6.3%
Nashville-Davidson-MUfreesboro-Franklin 6.4%
Orlando-Kissimmee-Sanford 6.4%
Pittsburgh 6.4%
Cincinnati-Middletown 6.5%
Cleveland-Elyria-Mentor 6.6%
Phoenix-Mesa-Glendale 6.6%
San Jose-Sunnyvale-Santa Clara 6.6%
Baltimore-Towson 6.7%
Denver-Aurora-Broomfield 6.7%
St Louis 6.7%
Tampa-St Petersburg-Clearwater 6.7%
San Diego-Carlsbad-San Marcos 7.0%
Portland-Vancouver-Hillsboro 7.1%
Miami-Ft Lauderdale-Pompano Beach 7.2%
Rochester 7.2%
Indianapolis-Carmel 7.4%
Louisville-Jefferson County 7.4%
Milwaukee-Waukesha-West Allis 7.5%
New York-Northern NJ-Long Island 7.5%
Atlanta-Sandy Springs-Marietta 7.6%
Buffalo-Niagara Falls 7.7%
Philadelphia-Camden-Wilmington 7.7%
Hartford-West Hartford-East Hartford 7.8%
Sacramento-Arden Arcade-Roseville 8.3%
Charlotte-Gastonia-Rock Hill 8.4%
Los Angeles-Long Beach-Santa Ana 8.4%
Detroit-Warren-Livonia 8.9%
Memphis 9.0%
Providence-Fall River-Warwick 9.0%
Chicago-Joliet-Naperville 9.1%
Las vegas-Paradise 9.6%
Riverside-San Bernardino 9.6%

As far as growth, Seattle is now in the 5% range and SF should dip into the 5% range this month, which is astounding considering where we were just a few years ago.

Annual Change in Unemployment, Largest MSAs
MSA..............Apr 2013..Apr 2012..Change
Seattle................5.2%...7.1%....-1.9%
San Francisco.......6.2%...7.9%....-1.8%
San Diego...........7.0%...8.6%....-1.6%
Los Angeles.........8.4%...9.8%....-1.4%
Denver...............6.7%...7.9%....-1.2%
Miami.................7.2%...8.3%....-1.1%
Portland..............7.1%...8.1%....-1.0%
Atlanta................7.6%...8.5%....-0.9%
New York............8.4%...7.5%....-0.9%
Houston................5.9%...6.6%....-0.7%
Dallas.................6.0%...6.5%....-0.5%
Detroit.................8.9%...9.4%....-0.5%
Minneapolis.........4.9%...5.2%....-0.3%
Philadelphia.........7.7%...8.0%....-0.3%
Phoenix...............6.6%...6.8%....-0.2%
Cleveland............6.6%...6.7%....-0.1%
Washington..........5.0%...5.1%....-0.1%
Boston................5.7%...5.7%....No Change
Chicago...............9.1%...8.7%....+0.4%

http://www.bls.gov/news.release/pdf/metro.pdf

Last edited by 18Montclair; 05-29-2013 at 06:05 PM..
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Old 05-29-2013, 05:06 PM
 
Location: Seattle, WA
2,944 posts, read 3,616,759 times
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I'll be moving from Riverside California to Seattle in 3 months to attend UW Law School. Also, I work for a fast casual restaurant chain that will be expanding for the first time in Seattle/Bellevue by opening 18 restaurants in the next 7 years, 2 slated to open in 2013 (I'm hoping to secure a position as a shift manager during the restaurant launch in Washington). This restaurant launch will represent hundreds of new job positions and another driver of the state economy. Seattle is looking stellar!

My current city though, Riverside California, still has quite a bit of unemployment at 9.6%. Hopefully things will change.
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Old 05-29-2013, 06:04 PM
 
Location: Michigan
4,571 posts, read 6,764,176 times
Reputation: 3589
Quote:
Originally Posted by 18Montclair View Post

Annual Change in Unemployment, Largest MSAs
MSA..............Apr 2012..Apr 2013..Change
Seattle................5.2%...7.1%....-1.9%
San Francisco.......6.2%...7.9%....-1.8%
San Diego...........7.0%...8.6%....-1.6%
Los Angeles.........8.4%...9.8%....-1.4%
Denver...............6.7%...7.9%....-1.2%
Miami.................7.2%...8.3%....-1.1%
Portland..............7.1%...8.1%....-1.0%
Atlanta................7.6%...8.5%....-0.9%
New York............8.4%...7.5%....-0.9%
Houston................5.9%...6.6%....-0.7%
Dallas.................6.0%...6.5%....-0.5%
Detroit.................8.9%...9.4%....-0.5%
Minneapolis.........4.9%...5.2%....-0.3%
Philadelphia.........7.7%...8.0%....-0.3%
Phoenix...............6.6%...6.8%....-0.2%
Cleveland............6.6%...6.7%....-0.1%
Washington..........5.0%...5.1%....-0.1%
Boston................5.7%...5.7%....No Change
Chicago...............9.1%...8.7%....+0.4%

http://www.bls.gov/news.release/pdf/metro.pdf
I think you have these mixed up. I was a bit confused thinking the unemployment rates were going up.
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Old 05-29-2013, 06:05 PM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,598 posts, read 53,264,199 times
Reputation: 14517
Quote:
Originally Posted by animatedmartian View Post
I think you have these mixed up. I was a bit confused thinking the unemployment rates were going up.

Anyway, nice seeing Detroit below 9%. This is the lowest it's been since the recession.
Thank you for catching that!
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Old 05-29-2013, 09:29 PM
 
Location: Minneapolis
2,332 posts, read 2,897,991 times
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I am trying to hire a line cook in the western exurbs of Minneapolis and nobody is applying. If we were in the city it would be a somewhat different story but our unemployment rate here isn't too far away from the point where labor shortages will start to drive up wages. The same thing happened in the 90s and the kitchen pay scale in the Twin Cities nearly doubled in five years. Labor shortages are terrible for business owners but they are great for the standard of living for the bottom two thirds of society.
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Old 05-29-2013, 10:09 PM
 
3,209 posts, read 4,521,026 times
Reputation: 1732
Quote:
Originally Posted by 18Montclair View Post
Annual Change in Unemployment, Largest MSAs
MSA..............Apr 2013..Apr 2012..Change...Workforce Growth / %
Seattle................5.2%...7.1%....-1.9%.......+23,999...+1.3%
San Francisco.......6.2%...7.9%....-1.8%.......+28,436...+1.2%
San Diego...........7.0%...8.6%....-1.6%.......+16,768...+1.1%
Los Angeles.........8.4%...9.8%....-1.4%.......+56,741...+0.9%
Denver...............6.7%...7.9%....-1.2%.......+12,205...+0.9%
Miami.................7.2%...8.3%....-1.1%.......+18,583...+0.6%
Portland..............7.1%...8.1%....-1.0%.......-20,791...-1.7%
Atlanta................7.6%...8.5%....-0.9%.......+27,268...+1.0%
New York............8.4%...7.5%....-0.9%.......+38,649...+0.4%
Houston................5.9%...6.6%....-0.7%.......+73,992...+2.4%
Dallas.................6.0%...6.5%....-0.5%.......+77,528...+2.3%
Detroit.................8.9%...9.4%....-0.5%.......+7,249....+0.3%
Minneapolis.........4.9%...5.2%....-0.3%.......+26,130...+1.4%
Philadelphia.........7.7%...8.0%....-0.3%.......+29,612...+1.0%
Phoenix...............6.6%...6.8%....-0.2%.......+3,696....+0.2%
Cleveland............6.6%...6.7%....-0.1%.......-16,613...-1.6%
Washington..........5.0%...5.1%....-0.1%.......+42,460...+1.3%
Boston................5.7%...5.7%....No Change.......+13,297...+0.5%
Chicago...............9.1%...8.7%....+0.4%.......+ 2,209....+0.0%

http://www.bls.gov/news.release/pdf/metro.pdf
Showing also the workforce growth rate.

The problem with UE rates alone is that they don't take into account whether a workforce is growing or shrinking. If people get discouraged and give up looking for work, it can cause the unemployment rate to go down, even though the economy didn't actually improve.

The biggest "pretender" above is without a doubt Portland. I couldn't believe how quickly the workforce has shrunk there in the last year, but I checked it twice.

Bureau of Labor Statistics Data

Cleveland also has lost jobs ("employed workers", technically) but seen its unemployment rate fall due to a shrinking workforce.

Dallas and Houston, meanwhile, stand out as cities whose economies are doing extremely well, even if their unemployment rates didn't fall too dramatically. Meanwhile, things aren't as bad as they seem for Philly, which has seen stiff workforce growth keep its unemployment rate high. Anything around 1% or above in growth is pretty good.

What's the deal with Chicago? Workforce barely budged but it gained 0.4% in unemployment...pretty bad performance. Phoenix and Boston surprisingly weak.
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Old 05-29-2013, 10:15 PM
 
Location: Charlotte, NC (in my mind)
7,946 posts, read 14,640,094 times
Reputation: 4457
Unfortunate Charlotte is still struggling at 8.4%.
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Old 05-30-2013, 12:38 AM
 
Location: Charlotte
1,356 posts, read 2,224,586 times
Reputation: 600
Quote:
Originally Posted by bchris02 View Post
Unfortunate Charlotte is still struggling at 8.4%.
It's an improvement from the 9.0 <
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Old 05-30-2013, 06:24 AM
 
Location: The canyon (with my pistols and knife)
12,999 posts, read 17,183,878 times
Reputation: 14313
Numerical change in employment by state (April 2012 - April 2013)
+331,100 - Texas
+293,400 - California
+121,300 - New York
+116,300 - Florida
+80,500 - North Carolina
+69,400 - Georgia
+69,000 - New Jersey
+61,600 - Colorado
+55,100 - Washington
+48,300 - Arizona

+48,100 - Massachusetts
+46,000 - Illinois
+44,100 - Tennessee
+43,100 - Utah
+42,400 - Indiana
+40,100 - Virginia
+34,500 - Missouri
+34,100 - Michigan
+31,200 - Pennsylvania
+30,300 - Maryland

+26,400 - Minnesota
+26,200 - South Carolina
+24,900 - Nevada
+24,000 - Oregon
+20,400 - Kentucky
+19,800 - Oklahoma
+19,500 - Louisiana
+17,100 - Idaho
+16,300 - Mississippi
+15,000 - Iowa

+14,800 - North Dakota
+13,400 - Connecticut
+12,100 - Kansas
+9,200 - Arkansas
+9,100 - Alabama
+9,100 - Hawaii
+7,900 - New Mexico
+7,600 - Delaware
+6,300 - Montana
+5,700 - New Hampshire

+5,200 - Vermont
+4,700 - Ohio
+4,100 - West Virginia
+3,400 - South Dakota
+2,300 - Nebraska
+2,300 - Rhode Island
+200 - Alaska
-1,400 - Maine
-2,600 - Wyoming
-9,800 - Wisconsin

Percent change in employment by state (April 2012 - April 2013)
+3.5% - North Dakota
+3.5% - Utah
+3.1% - Texas
+2.8% - Idaho
+2.7% - Colorado
+2.2% - Nevada
+2.1% - California
+2.0% - Arizona
+2.0% - North Carolina
+1.9% - Washington

+1.8% - Delaware
+1.8% - Georgia
+1.8% - New Jersey
+1.8% - Vermont
+1.6% - Florida
+1.6% - Tennessee
+1.5% - Hawaii
+1.5% - Indiana
+1.5% - Massachusetts
+1.5% - Mississippi

+1.5% - Oregon
+1.4% - Montana
+1.4% - New York
+1.4% - South Carolina
+1.3% - Missouri
+1.2% - Maryland
+1.2% - Oklahoma
+1.1% - Kentucky
+1.1% - Virginia
+1.0% - Iowa

+1.0% - Louisiana
+1.0% - Minnesota
+1.0% - New Mexico
+0.9% - Kansas
+0.9% - Michigan
+0.9% - New Hampshire
+0.8% - Arkansas
+0.8% - Connecticut
+0.8% - Illinois
+0.8% - South Dakota

+0.5% - Alabama
+0.5% - Pennsylvania
+0.5% - Rhode Island
+0.5% - West Virginia
+0.2% - Nebraska
+0.1% - Alaska
+0.1% - Ohio
-0.2% - Maine
-0.4% - Wisconsin
-0.9% - Wyoming

Numerical change in employment by major MSA (April 2012 - April 2013)
+160,100 - New York
+111,200 - Houston
+104,900 - Dallas/Fort Worth
+103,400 - Los Angeles
+48,900 - Chicago
+48,200 - Atlanta
+47,300 - Boston
+43,300 - San Francisco/Oakland
+42,800 - Phoenix
+41,500 - Washington DC

+36,700 - Seattle
+35,400 - Tampa
+33,400 - Denver
+32,100 - Philadelphia
+31,400 - Austin
+30,500 - Nashville
+26,200 - Baltimore
+26,100 - Salt Lake City
+25,800 - Minneapolis/St. Paul
+25,100 - San Diego

+24,200 - Miami
+23,900 - San Jose
+21,100 - Charlotte
+20,000 - Las Vegas
+19,700 - Louisville
+18,400 - Riverside/San Bernardino
+16,800 - Indianapolis
+16,500 - Jacksonville
+15,500 - Orlando
+13,800 - San Antonio

+13,800 - Virginia Beach/Norfolk
+13,000 - Oklahoma City
+12,900 - Portland
+11,500 - Detroit
+10,900 - Pittsburgh
+10,200 - St. Louis
+9,200 - Cincinnati
+8,500 - Richmond
+8,500 - Sacramento
+7,100 - Columbus

+7,100 - Hartford
+6,900 - Kanasas City
+6,300 - Raleigh
+4,600 - Buffalo
+4,000 - Memphis
+3,200 - Providence
+2,600 - Rochester
+2,300 - New Orleans
+1,400 - Milwaukee
+600 - Birmingham

-4,300 - Cleveland

Percent change in employment by major MSA (April 2012 - April 2013)
+4.2% - Houston
+4.1% - Salt Lake City
+3.9% - Nashville
+3.8% - Austin
+3.5% - Dallas/Fort Worth
+3.3% - Louisville
+3.1% - Tampa
+2.8% - Jacksonville
+2.7% - Denver
+2.7% - San Jose

+2.5% - Charlotte
+2.4% - Las Vegas
+2.4% - Phoenix
+2.2% - Oklahoma City
+2.2% - San Francisco/Oakland
+2.2% - Seattle
+2.1% - Atlanta
+2.0% - Baltimore
+2.0% - Los Angeles
+2.0% - San Diego

+1.9% - Boston
+1.9% - Indianapolis
+1.9% - New York
+1.9% - Virginia Beach/Norfolk
+1.6% - Riverside/San Bernardino
+1.6% - San Antonio
+1.5% - Minneapolis/St. Paul
+1.5% - Orlando
+1.4% - Richmond
+1.4% - Washington DC

+1.3% - Hartford
+1.3% - Portland
+1.2% - Philadelphia
+1.2% - Raleigh
+1.1% - Chicago
+1.1% - Miami
+1.0% - Sacramento
+0.9% - Cincinnati
+0.9% - Pittsburgh
+0.8% - Buffalo

+0.8% - St. Louis
+0.7% - Columbus
+0.7% - Kansas City
+0.7% - Memphis
+0.6% - Detroit
+0.6% - Providence
+0.5% - Rochester
+0.4% - New Orleans
+0.2% - Milwaukee
+0.1% - Birmingham

-0.4% - Cleveland
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Old 05-30-2013, 07:45 AM
 
Location: Limbo
6,459 posts, read 5,930,828 times
Reputation: 6228
Quote:
Originally Posted by Drewcifer View Post
I am trying to hire a line cook in the western exurbs of Minneapolis and nobody is applying. If we were in the city it would be a somewhat different story but our unemployment rate here isn't too far away from the point where labor shortages will start to drive up wages. The same thing happened in the 90s and the kitchen pay scale in the Twin Cities nearly doubled in five years. Labor shortages are terrible for business owners but they are great for the standard of living for the bottom two thirds of society.
Interesting. I forget what 'full employment' is in the economy, 3.5%(?), but it seems to be approaching in the Twin Cities. It is crazy to think that. I was in town on Monday and Tuesday and things are thriving!
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