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Old 01-08-2009, 10:42 AM
 
492 posts, read 1,018,810 times
Reputation: 362

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Quote:
Originally Posted by jawny08 View Post
Every state has a growth period, a peak, and then a slowdown. Look at what is happening to Florida now. Things are always changing.
Yes things are always changing, but Wow; Houston is the undisputed top labor market in the country. I hear that the economy might have hit bottom that means another great Houston Year.
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Old 01-08-2009, 11:53 AM
 
Location: Cortland, Ohio
3,323 posts, read 9,572,329 times
Reputation: 1512
Quote:
Originally Posted by censusdata View Post
The odd thing is there is no correlation at all btw "booming" sunbelt cities and rustbelt cities. I wouldn't have thought Syracuse and Youngstown would see gains while Atlanta and LA would see major losses
I'm actually shocked about the Youngstown Metro myself.....since i live here. I would like to see the stats from the year before when i know we lost at least 5,000 jobs. Just about every night the news reports on more layoffs and plant closures. Right before X-mas GM Lordstown laid off 2,000 people, then their local suppliers laid off people.
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Old 01-08-2009, 11:55 AM
 
Location: The Rock!
2,370 posts, read 6,997,770 times
Reputation: 804
Source???
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Old 01-08-2009, 11:55 AM
 
Location: Underneath the Pecan Tree
15,989 posts, read 30,687,715 times
Reputation: 7281
Quote:
Originally Posted by Westerner92 View Post
Are you trying to get into arguments?
If your looking for one
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Old 01-08-2009, 12:18 PM
 
Location: houston
438 posts, read 1,127,647 times
Reputation: 252
I didn't realize Atlanta's job market had declined so dramatically. Maybe it grew too fast? Everyone I know there seems to be doing ok, but friend's in New York area having been losing jobs left and right.
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Old 01-08-2009, 12:28 PM
 
28,905 posts, read 46,745,065 times
Reputation: 46028
This table isn't very useful, because it is not showing job losses and gains as a total percentage of population. A loss of 2,500 jobs in a million-person market like Birmingham is news but not catastrophic. Ogden Utah losing a similar amount looks like a catastrophic drop.
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Old 01-08-2009, 12:29 PM
 
Location: Omaha
2,716 posts, read 6,216,427 times
Reputation: 1221
Quote:
Originally Posted by cpg35223 View Post
This table isn't very useful, because it is not showing job losses and gains as a total percentage of population. A loss of 2,500 jobs in a million-person market like Birmingham is news but not catastrophic. Ogden Utah losing a similar amount looks like a catastrophic drop.
True, percentages would be much better.
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Old 01-08-2009, 12:30 PM
 
28,905 posts, read 46,745,065 times
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Quote:
Originally Posted by cjester View Post
Yes things are always changing, but Wow; Houston is the undisputed top labor market in the country. I hear that the economy might have hit bottom that means another great Houston Year.
Yes, but.

Houston is a very energy driven market. So when oil prices are high, so is employment there. When oil prices drop, the market suffers. All you have to do is go back to the mid 80s to realize how wide the swing can be in that city. And how bad it can get.
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Old 01-08-2009, 12:50 PM
 
Location: Houston
129 posts, read 335,708 times
Reputation: 66
Well crude oil dipped to around 35 bucks recently, at that price oil companies begin to worry a little bit. But things in Houston are not very bad (finger-crossed)..yet. My brother recently lost his job due to outsourcing to India, he's already had a couple of interviews and says he has a couple of options for jobs. I think when we get out of these rough times the oil prices will kick back up as China and India resume their booming ways. So I think Houston is in pretty "ok" shape to deal with these horrible times. God willing.
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Old 01-08-2009, 01:51 PM
 
Location: Underneath the Pecan Tree
15,989 posts, read 30,687,715 times
Reputation: 7281
Quote:
Originally Posted by cpg35223 View Post
Yes, but.

Houston is a very energy driven market. So when oil prices are high, so is employment there. When oil prices drop, the market suffers. All you have to do is go back to the mid 80s to realize how wide the swing can be in that city. And how bad it can get.
Houston has learned from that mistake and is continuing to diversify its economy.
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