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I came upon a program on CNBC nearly a month ago, touting North Dakota's low unemployment rate, the lowest in the United States at around 3.5%. Where I live, the Greensboro-High Point area of North Carolina (Piedmont Triad), according to the Bureau of Labor Statistics, the unemployment rate for September 2011 is at 11%. Although currently employed, I often wonder if I became unemployed would I be able to find a full-time job or nearly full-time hours within two weeks to a months time, or would I have to wait longer. Would I have to possibly apply for unemployment just get by? With this said, how good or bad is the employment situation in your state and/or metropolitan area, from what you've experienced and/or others you may know? Are these statistics in-tune with the real job market? If necessary, would relocation to another market occur if ample employment opportunities were available? And, is this a great idea or bad one? Also, has your educational background detered or helped you get and keep gainful employment?
The numbers are all distorted and show almost meaningless information.
You need a month by month or at least quarterly data showing employed:
Year & Quarter ; Raw # employed ; / Total Payroll ; = Avg payroll/person ; +/- to prior year
THEN... you can compare contrast and fret over changes in the unemployed portion.
But without the other numbers you never know the under employed aspect or the drop outs.
The numbers are all distorted and show almost meaningless information.
You need a month by month or at least quarterly data showing employed:
Year & Quarter ; Raw # employed ; / Total Payroll ; = Avg payroll/person ; +/- to prior year
THEN... you can compare contrast and fret over changes in the unemployed portion.
But without the other numbers you never know the under employed aspect or the drop outs.
Where I live, the Greensboro-High Point area of North Carolina (Piedmont Triad), according to the Bureau of Labor Statistics, the unemployment rate for September 2011 is at 11%.
Although currently employed, I often wonder if I became unemployed would I be able to find a full-time job or nearly full-time hours within two weeks to a months time, or would I have to wait longer.
That depends entirely on your skills relative to need in your area at that time.
In a built up area (like the Triad) there is generally more need for an X than in other areas.
Would I have to possibly apply for unemployment just get by? Sure
With this said, how good or bad is the employment situation in your state and/or metropolitan area, from what you've experienced and/or others you may know?
It's bad just about everywhere.
And even where it isn't so bad... it's bad in other ways.
Are these statistics in-tune with the real job market? No. The real job market is worse.
Why? Because that doesn't count the $30/hr welder getting $14/hr doing mufflers to get by.
If necessary, would relocation to another market occur if ample employment opportunities were available?
It happens every day
And, is this a great idea or bad one?
Whether it is or isn't, aside from dinner that night, won't be known for years.
But if you didn't have dinner last night... it looks real good.
hth
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