+17,400 (Pittsburgh, Washington, Denver: best cities, unemployment, construction)

[Goodjules]

Originally Posted by Copanut

Sad to see two of my favorite posters, Katiana and Hopes fighting.


Unless I could see it in person.

Sorry, old guy.

You crack me up!

[zman63]

Originally Posted by pghdude28

I'm waiting for those to chime in and claim the shrinking labor force is caused by those dying off, just like our decline in population. This article is a nice way of saying "don't get too excited," our declining unemployment rate is a bit more complex. Unfortunately, this article doesn't go into detail about the particular sectors witnessing unemployment decline and particular age groups it's affecting.

This article calls the job growth flat.

Pittsburgh area jobless numbers continue fall - Pittsburgh Post-Gazette

This article said the total workforce had fallen over the course of a year.

Region's jobless rate falls as more leave workforce, state says | TribLIVE

Here is the statement for the new article written today…..

“Pennsylvania isn't one real economic or demographic area; it's a lot of different regions,” he said. “Williamsport is a long way from here, and Allentown is even further.”
People follow jobs, he said.
“People are voting with their feet,” he said. “Jobs are either pulling or pushing people from Pittsburgh.”
Western Pennsylvania is entering its seventh consecutive year of positive migration. It isn't enough to offset the disparity between deaths and births, but it is closing the gap.
“We're the country's only large metropolitan region that has this net population decline,” Briem said.


Census shows slow Pa. population gains | TribLIVE

[pman]

The end of extended jobless benefits for more than 1 million Americans last week could cause the unemployment rate to tumble dramatically early this year, according to some Wall Street analysts.

Nearly 1.4 million people received payments through the financial-crisis era program as of Dec. 14, 2013, the Labor Department said Thursday. Those benefits expired last week. If a large portion of the recipients now drop out of the labor force, the unemployment rate would fall.

End of Extended Unemployment Could Cause Jobless Rate to Tumble - Real Time Economics - WSJ


http://2.bp.blogspot.com/-oRF5VUCEoy...ov2013rev2.JPG

[zman63]

Originally Posted by pman

End of Extended Unemployment Could Cause Jobless Rate to Tumble - Real Time Economics - WSJ


http://2.bp.blogspot.com/-oRF5VUCEoy...ov2013rev2.JPG

As stated in today's tribune review article.

The numbers are undeniable. The numbers in the seven-county area have continued to decline,” said Kurt Rankin, an economist at PNC Financial Services Group. “Job growth in the greater Pittsburgh region petered out earlier (last) year. "Economic growth in the region improved in 2010 and 2011 as the recession receded, then it stalled, he said. “With a flat recovery, you tend to get people falling out of the workforce,” Rankin said. The jobless rate is determined by a monthly survey of residents in Allegheny, Armstrong, Beaver, Butler, Fayette, Washington and Westmoreland counties. The total workforce fell to 1.255 million, compared to 1.263 million a year ago. Residential employment in the region fell by 1,100 to 1.172 million. State officials aren't sure why the workforce is shrinking, said Ismael Fertenbaugh, an analyst at the Department of Labor and Industry. He said it could be anything from retirements to workers who have given up looking for a new job. “The labor force is down, which isn't a good thing,” he said. In 2014, improvement in the region's economy is “very much dependent” on the national economy maintaining its recent growth pattern, Rankin said. “If the economy can continue 3 percent or more growth ... that would translate into jobs in Pittsburgh.”


Read more: Region's jobless rate falls as more leave workforce, state says | TribLIVE
Follow us: @triblive on Twitter | triblive on Facebook

[pman]

Originally Posted by zman63

As stated in today's tribune review article.

The numbers are undeniable. The numbers in the seven-county area have continued to decline,” said Kurt Rankin, an economist at PNC Financial Services Group. “Job growth in the greater Pittsburgh region petered out earlier (last) year. "Economic growth in the region improved in 2010 and 2011 as the recession receded, then it stalled, he said. “With a flat recovery, you tend to get people falling out of the workforce,” Rankin said. The jobless rate is determined by a monthly survey of residents in Allegheny, Armstrong, Beaver, Butler, Fayette, Washington and Westmoreland counties. The total workforce fell to 1.255 million, compared to 1.263 million a year ago. Residential employment in the region fell by 1,100 to 1.172 million. State officials aren't sure why the workforce is shrinking, said Ismael Fertenbaugh, an analyst at the Department of Labor and Industry. He said it could be anything from retirements to workers who have given up looking for a new job. “The labor force is down, which isn't a good thing,” he said. In 2014, improvement in the region's economy is “very much dependent” on the national economy maintaining its recent growth pattern, Rankin said. “If the economy can continue 3 percent or more growth ... that would translate into jobs in Pittsburgh.”

k

so what number that I posted are you disputing? what are you denying?

[zman63]

Originally Posted by pman

so what number that I posted are you disputing? what are you denying?

Do you deny the experts? Are you saying Pitt and CMU are not world class?

The expert from CMU, Harold Miller as well as Chris Briem from Pitt and economists from the state produce numbers and data that is significantly different than what you post. Unless you are an economic expert, I have a hard time believing anything you post regarding the local economy.

All of my posts are taken from specific examples written by experts on the topic. They live here and research this every day of their lives.

Harold Miller has even said their was some job growth but the region remains a three toed sloth economy.

Now you have more people dropping out of the workforce. Chris Briem reiterated yesterday that there are still more deaths than births or immigration for that matter. He also said we are the only top 40 region with more deaths than immigration and births.

It seems as though you are in denial, but again if it is so great in Pittsburgh why do you live in Philadelphia? You do not even live here anymore (if ever) and we are supposed to take your little graph as the spoken word?

I see it everyday,there are some good things going on in certain areas of the city. I see some redevelopment and hope. Some neighborhoods in the east end and north side are coming back.

Overall the economy appears stagnant and there are whole sections of the city, suburbs and exburbs that are literally rotting down into nothingness. This is hardly a top 40 region let alone a top 50 city for jobs, business and economic growth. That is reality…..

[Moby Hick]

Originally Posted by zman63

The expert from CMU, Harold Miller as well as Chris Briem from Pitt and economists from the state produce numbers and data that is significantly different than what you post.

I read Briem at Null Space every day and it's pretty clear that you don't understand his points about the local economy. For one thing, on 12/31/2013 Briem had a post with the very graph pman put up yesterday. He has made a big issue over the increase of the labor force in Pittsburgh. The total number of jobs and the labor force have lately been at record highs. I don't think he's commented on the relatively small dip reported lately in the paper.

[pman]

Originally Posted by zman63

Do you deny the experts? Are you saying Pitt and CMU are not world class?

hey genius, the graph is briem's. It is you who is denying, or mangling the facts. are you denying the logic of the graph "from the experts"? are you denying the claim that the end of unemployment benefits will likely result in labor force declines? I'm not disputing the "experts" just you.

[zman63]

Originally Posted by pman

hey genius, the graph is briem's. It is you who is denying, or mangling the facts. are you denying the logic of the graph "from the experts"? are you denying the claim that the end of unemployment benefits will likely result in labor force declines? I'm not disputing the "experts" just you.

The same guy saying there are more deaths than births and migration to pittsburgh. He also said pitt is the only top 40 region that is literally dying off.

How is philly today? I know it is a nice 300 mile / 5 hr drive from the burgh.

[pman]

A firm started by founder, author and acclaimed designer Jesse Schell when he was a professor at the Entertainment Technology Center at Carnegie Mellon University, Schell Games continues to grow quickly, reaching more than 100 employees after seven years in business. The firm had largely maxed out its established offices on the second floor of Birmingham Place near the Birmingham Bridge on the South Side.

Schell Games to move to Station Square - Pittsburgh Business Times