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The big financial bailouts (whatever one's opinion of them might be) would probably have something to do with that...
Highly unlikely, as financial services do not constitute a huge proportion of the metropolitan job numbers.
And there was no "financial bailout". There were loans given by the government to certain financial entities, which are being paid back, and with high interest rates.
The government is making billions off the "financial rescue." It's the many healthy banks that were forced to take the loans that have been punished.
Usually job creation and loss is related to the overall state of the economy.
People getting fired due to just being a bad employee. Those who leave a job in order to find a better job or because they don't want to work anymore. Those that were hired temporarily because it was a seasonal job or they were a hired through a temp agency. I can think of several reasons why someone would lose their job and it not be because of the poor economy affecting business and leading to cut backs. Some people are just terrible at running a company or business and that's why it fails and results in job losses.
Wow! Syracuse isn't doing as bad as people here make it out to be. It is #15 on that list and luckily, the area has diversified itself enough to keep from getting hit as hard as other places in the state and country. Once a major manufacturing area(and to a good degree, still is), it is now transitioning more towards health care, higher education, green jobs and even some technical positions. Here's a good place to check out jobs in the area: Central New York Jobs
Energy took a hit and Hurricane Ike sure didn't help.
No, I mean more recent than that. Houston was statistically doing better than DFW up until about 2-3 months ago. Up until then Houston had lower unemployment and was losing jobs at a slower pace. Something has happened (though Im not sure what) in the last three months or so that has hit Houston hard. Up until then, they were doing quite well.
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