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Old 07-03-2010, 02:37 PM
 
28,110 posts, read 63,531,084 times
Reputation: 23235

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Quote:
Originally Posted by RenaudFR View Post
The latest employment numbers are out for the nation’s 100 largest metropolitan areas -- and the news is more bad than good.
Fifty-three markets lost private-sector jobs during the past 10 years, while 47 gained, according to the U.S. Bureau of Labor Statistics.
Buffalo is on the downside, having lost 25,200 positions since May 2000, though it is slightly higher than it was a year ago.
This sortable database has the latest figures for all 100 metros. If you click View Details, you’ll get a year-by-year rundown for a specific market, as well as a summary of its highest and lowest points of the decade.

Top 10 gainers:

1. Houston (202,900)
2. Washington, D.C. (197,000)
3. Phoenix (95,000)
4. Riverside-San Bernardino (83,600)
5. Las Vegas (76,800)
6. Austin (65,700)
7. San Antonio (62,800)

8. Orlando (60,900)
9. McAllen (48,400)
10. Raleigh (40,800)

Top 10 losers:

1. Detroit (-498,300)
2. Chicago (-365,400)
3. Los Angeles (-323,500)
4. San Francisco-Oakland (-250,500)
5. New York (-188,900)
6. San Jose (-188,500)
7. Cleveland (-139,700)
8. Boston (-119,600)
9. New Orleans (-83,400)
10. Atlanta (-77,500)

Employment news is more bad than good - Business First of Buffalo

In the gainers : 4 Texas areas
In the losers : 3 California areas

No comment
Oakland only has 400k +/- residents... how can it loose 250,000 jobs even adding the city of San Francisco?
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Old 07-03-2010, 04:00 PM
 
Location: Tower of Heaven
4,023 posts, read 7,356,363 times
Reputation: 1450
Quote:
Originally Posted by Ultrarunner View Post
Oakland only has 400k +/- residents... how can it loose 250,000 jobs even adding the city of San Francisco?
It's the metro area, so it's San Francisco + other small cities.
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Old 07-03-2010, 04:20 PM
 
28,110 posts, read 63,531,084 times
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Quote:
Originally Posted by RenaudFR View Post
It's the metro area, so it's San Francisco + other small cities.
Does the same apply to Detroit and Houston... as in Metro Area?
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Old 07-03-2010, 04:28 PM
 
Location: Conejo Valley, CA
12,460 posts, read 20,035,115 times
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Its no mystery that California has been hit hard by this recession, the recession has hit industries that are big in California. Never do recessions equally effect all states, one state doing better than another during a recession says little about which business environment is better.

Also, Texas' population is growing faster than California so that in itself is going to result in more job growth. Although Texas is adding jobs, its still bleeding jobs because the newly created jobs are not keeping up with population growth. Of course California is bleeding them faster.
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Old 07-03-2010, 07:01 PM
JL
 
8,519 posts, read 14,495,912 times
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That also means more traffic in Houston Texas! If i thought it was bad now, i can see it in a few years.
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Old 07-04-2010, 06:13 AM
 
Location: Tower of Heaven
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Quote:
Originally Posted by Ultrarunner View Post
Does the same apply to Detroit and Houston... as in Metro Area?
Yeah
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Old 07-04-2010, 11:27 PM
 
Location: NC
1,672 posts, read 1,767,461 times
Reputation: 524
Renaud,

You seem like a good kid but something I've noticed with your mass postings of "data" here is your missing the big picture and the small picture. Looking at any data blindly, or at worse, biasedly, will get you eaten alive in the business world. There is even a term for it: the "naive" investor, mainly from IPO hunters.

So here is a challange for you: Look at the Houston and San Francisco data again, combine it with history and more importantly macroeconomics for both cities for all the years in question. Now tell me why the +200K versus -250K is very deceiving versus the real picture of both economies.

If you don't want to take my advice, that is fine, but being you are interested in business I recommend you think twice about what I said.
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Old 07-06-2010, 03:44 AM
 
Location: Tower of Heaven
4,023 posts, read 7,356,363 times
Reputation: 1450
Quote:
Originally Posted by Maabus1999 View Post
Renaud,

You seem like a good kid but something I've noticed with your mass postings of "data" here is your missing the big picture and the small picture. Looking at any data blindly, or at worse, biasedly, will get you eaten alive in the business world. There is even a term for it: the "naive" investor, mainly from IPO hunters.

So here is a challange for you: Look at the Houston and San Francisco data again, combine it with history and more importantly macroeconomics for both cities for all the years in question. Now tell me why the +200K versus -250K is very deceiving versus the real picture of both economies.

If you don't want to take my advice, that is fine, but being you are interested in business I recommend you think twice about what I said.
I'm open-minded so ok, but the problem is there : I didn't understand your question (sorry, the english isn't my native language so it's not perfect yet) !
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Old 07-09-2010, 08:02 AM
 
Location: Tower of Heaven
4,023 posts, read 7,356,363 times
Reputation: 1450
News Headlines
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Old 07-25-2010, 03:06 PM
 
Location: Tower of Heaven
4,023 posts, read 7,356,363 times
Reputation: 1450
Quote:
Gov. Rick Perry today credited Texas’ relatively strong economic climate with helping attract jobs and businesses to the state. The governor spoke at a ribbon cutting for Reyes-Amtex Automotive’s production facility.
“As Americans look for the best place to live, work and raise a family, more of them are heading to Texas all the time,” Gov. Perry said. “The root cause of our economic success is hardworking Texans, but pro-job policies, low taxes, predictable regulations and fair legal system have also helped Texas lead the nation in job creation.”
LoneStar Strong » Gov. Perry: Forward Thinking Companies Invest in the Future and in Texas
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