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Old 05-26-2010, 10:32 AM
 
2,237 posts, read 8,491,315 times
Reputation: 952

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10 Best Cities for the Next Decade - Yahoo! Real Estate
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Old 05-26-2010, 10:57 AM
 
Location: Austin, TX
16,791 posts, read 45,432,460 times
Reputation: 9446
I can't help but wonder how much growth a city can absorb before it collapses under the weight of all the unemployed who are moving here hoping to find work?

Quote:
Austin Unemployment Rate
Austin has an unemployment rate of 7.0%, compared the national average of 6.9%.

According to our Austin Trends data, the number of Austin, Texas jobs has decreased by 26% since September 2008.
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Old 05-26-2010, 11:19 AM
 
Location: 78747
3,202 posts, read 5,371,132 times
Reputation: 915
You may need to clarify the post above. I don't think the national UR is 6.9% - if it was, the recession would be over. Our UR is 7% even though we lost a quarter of our jobs while tens of thousands of people moved here?

What's "Percentage of Matching Jobs?" Sorry to prod, but it's not computing to me. Is "PMJ" the percentage of unemployment added from people without jobs moving here on a monthly basis?
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Old 05-26-2010, 11:27 AM
 
Location: Austin, TX
16,791 posts, read 45,432,460 times
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i was wondering about that 6.9% myself, but it is a direct quote from this website. Austin Jobs (TX) | Simply Hired No clarification was available.

Checking other sources...

The US Bureau of Labor Statistics Employment Situation Summary says

Quote:
In April, the number of unemployed persons was 15.3 million, and the unem-
ployment rate edged up to 9.9 percent. The rate had been 9.7 percent for the
first 3 months of this year.
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Old 05-26-2010, 01:37 PM
 
Location: Austin, TX!!!!
3,765 posts, read 8,419,314 times
Reputation: 1761
I saw that article, but it has Seattle as number two so I don't trust it. A gloomy place with an astronomical cost of living and a high percentage of self-important people? If that's number two, I don't think I can respect the magazine's criterion
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Old 05-26-2010, 05:50 PM
 
25,161 posts, read 51,311,130 times
Reputation: 7018
lol maybe it is the top ten worst cities.

Quote:
Originally Posted by Jennibc View Post
I saw that article, but it has Seattle as number two so I don't trust it. A gloomy place with an astronomical cost of living and a high percentage of self-important people? If that's number two, I don't think I can respect the magazine's criterion
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Old 05-26-2010, 06:48 PM
 
Location: Broomfield, CO
1,445 posts, read 3,001,967 times
Reputation: 912
Well perhaps if the city of Austin would stop throwing tens of millions of dollars at advertisers and media coverage, they might stop whining constantly about "budget shortfall". uuuugggg. Let's translate that. No money available for the "lesser Austin people who aren't rich".


Quote:
Originally Posted by artsyguy View Post
lol maybe it is the top ten worst cities.
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Old 05-26-2010, 08:05 PM
 
Location: 78747
3,202 posts, read 5,371,132 times
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Quote:
Originally Posted by eepstein View Post
No money available for the "lesser Austin people who aren't rich".
You shouldn't be so down on yourself.
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Old 05-27-2010, 12:02 PM
 
Location: Broomfield, CO
1,445 posts, read 3,001,967 times
Reputation: 912
The fact of the matter here is that if Austin was correctly represented by the media and the COA, it would NEVER make any top ten list (except maybe traffic congestion and high costs of living).

Of course, I have to wonder about a top ten list that includes Topeka, KS on it!


Quote:
Originally Posted by jobert View Post
You shouldn't be so down on yourself.
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