[bobtn]

Peter Pan laying off 79 workers as casinos workers' shuttle contract ends - Courant.com

[Stylo]

Bridgeport lies in the middle of a very dense area. A 25 mile radius includes Bridgeport, Milford, New Haven, Norwalk, Stamford and Danbury. So of course it's going to have the biggest number of jobs as that's where most of the state's population is. Worthless methodology. It's more about quality/ratio vs pure quantity.

[ctcoldplay11]

Originally Posted by nep321

Excuse me, but accounting is an occupation that can be found virtually anywhere. It's not limited to a particular group of cities or states. I think my results are quite indicative of the job economy in a particular area in general. In fact, let me do a job search for ALL jobs by area. The results are as follows:

• Bridgeport: 15,831
• New Haven: 9,260
• Hartford: 15,832
• Norwich: 2,462

You can see that Norwich still fails miserably in job openings compared to the other areas in CT. I am impressed that there are more jobs in the Hartford area than Bridgeport...WOW!

You're comparing the Norwich/New London Metro with much, MUCH larger metropolitan areas.

Norwich/New London - 274,055
Hartford - 1,212,382
New Haven - 846,766
Bridgeport - 902,755

Therefore, your argument is just not valid.

However, back to the article at hand. The Norwich/New London area is the most profitable/visited area of the state. It's a tourist destination. Plain and simple. It's not known for it's wealth of white-collar jobs (other than Pfizer and EB, and some smaller firms). It's known for Mystic, the casinos, etc. What's the first thing to get hit by a Recession? Vacation destinations. People aren't visiting the area as regularly as they did pre-Recession. Simple as that.

[bobtn]

ctcoldplay, It goes beyond a recession. Massachusetts will be taking Ct market share, as will NY. Pfizer and EB would do well to maintain their headcounts after the last announced cuts. This region is not being singled out in the article for any other reason than its poor long-term prognosis. Again, the casinos delayed this day for several years. W/O them, no doubt, this would be the highest unemployment region in Ct. It will need to rebuild, with new industries, but none are even on the horizon. It needs to be something with a higher barrier to entry than casinos. It needs to be something paying more than tourism-related stuff, as the COL is too high for those sectors to reasonably survive there. Tourism jobs are fine, when COL is low. When its high, one ends up subsidizng the employees with massive government programs.

Geographically, I think its the prettiest region in Ct. But economically, its in deep, long-term trouble.

[nep321]

Originally Posted by ctcoldplay11

You're comparing the Norwich/New London Metro with much, MUCH larger metropolitan areas.

Norwich/New London - 274,055
Hartford - 1,212,382
New Haven - 846,766
Bridgeport - 902,755

Therefore, your argument is just not valid.

However, back to the article at hand. The Norwich/New London area is the most profitable/visited area of the state. It's a tourist destination. Plain and simple. It's not known for it's wealth of white-collar jobs (other than Pfizer and EB, and some smaller firms). It's known for Mystic, the casinos, etc. What's the first thing to get hit by a Recession? Vacation destinations. People aren't visiting the area as regularly as they did pre-Recession. Simple as that.

My argument was totally valid. It shows that there are far more job opportunities in the other metro areas than Norwich has. Therefore, a job seeker has a much greater chance at landing a job in the Hartford area than in the Norwich area.

[Stylo]

Indeed.com also doesn't list every job in existence. I know that job listings in my industry barely ever bubble up there.

[Stylo]

Originally Posted by nep321

My argument was totally valid. It shows that there are far more job opportunities in the other metro areas than Norwich has. Therefore, a job seeker has a much greater chance at landing a job in the Hartford area than in the Norwich area.

As an accountant you should understand supply/demand. More people, more competition. It's all relative.

[katnip kid]

Growing up in SE CT, I never got the impression that the Norwich-New London area was an area that was ever known for wealth. Or maybe I should say white collar jobs. It is very true that the area has fewer people than the western part of the state. Yes, tourism has always played an important role in the regions economy. It isn't reliable, esp. when folks had the ability/means to jet off to some exotic place on the globe.
Anyway, it stands to reason that the area will have fewer jobs/ less opportunity. It always seems to be the case with SE CT.

[7 Wishes]

Originally Posted by nep321

I believe it. If I do a job search on indeed.com within a 25 mile radius for my occupation, I get the following results, by city:

• Bridgeport: 473
• New Haven: 157
• Hartford: 196
• Norwich: 18

Very sad news for the Norwich-New London metro area indeed.

Even "as the crow flies", I'm not sure you can be 25 miles from both Bridgeport and Norwich, you'd have to pretty much be "exactly halfway" to be 25 miles from both Hartford and Bridgeport for that matter. Something's amiss here...

[nep321]

Originally Posted by Stylo

As an accountant you should understand supply/demand. More people, more competition. It's all relative.

Jesus. As an accountant, I should know everyting I suppose, right? My indeed.com results were merely a quick-and-dirty sampling just to get a GENERAL idea of job openings in the four metro areas. Of course they're not PERFECT, but one can reasonably conclude that there are far more job openings in the Bridgeport, New Haven and Hartford areas versus the Norwich-New London area. Seems like the people in this forum like to nitpick til death at the slightest innaccuracy of anything statistical. And if you're an accountant, you're automatically accountable for any numerical data provided in this forum? Puh-LEASE.