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Old 12-27-2011, 05:11 AM
 
9,742 posts, read 11,163,289 times
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Quote:
Originally Posted by Workaholic? View Post
The White Unemployment rate in the Southern Cities is similar to Minnesota but the huge Black Population with it's resulting tendency to have high unemployment rates makes the City and State Unemployment rates higher in places like Atlanta than a place like Minnesota that is 85% White.

The large number of highly educated and trained white people in Minnesota is the main reason the unemployment rate is lower than down south.
Great point. See Education pays ...
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Old 12-27-2011, 12:44 PM
 
Location: Cleveland bound with MPLS in the rear-view
5,509 posts, read 11,878,949 times
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Quote:
Originally Posted by Workaholic? View Post
The White Unemployment rate in the Southern Cities is similar to Minnesota but the huge Black Population with it's resulting tendency to have high unemployment rates makes the City and State Unemployment rates higher in places like Atlanta than a place like Minnesota that is 85% White.

The large number of highly educated and trained white people in Minnesota is the main reason the unemployment rate is lower than down south.
Hmmm. What's Michigan's problem then? It's like 75%-80% white....
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Old 12-27-2011, 01:48 PM
 
Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,334 posts, read 26,086,242 times
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Quote:
Originally Posted by west336 View Post
Hmmm. What's Michigan's problem then? It's like 75%-80% white....
I suspect the auto industry is a factor.
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Old 12-27-2011, 02:17 PM
 
20,793 posts, read 61,308,820 times
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Quote:
Originally Posted by west336 View Post
Hmmm. What's Michigan's problem then? It's like 75%-80% white....
Quote:
Originally Posted by rcsteiner View Post
I suspect the auto industry is a factor.
Michigan's reliance on one major industry is their problem.

MN is fairly unique in that it has such a diversified employment base that is highly educated. That is what keeps our economy pretty stable.
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Old 12-29-2011, 12:03 AM
 
Location: Tucson/Nogales
23,222 posts, read 29,044,905 times
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I grew up in, largely, a one industry town, Rochester, Minnesota, and I never knew what the word layoff was, or my relatives who've remained there, until I moved elsewhere.

Los Angeles is well-diversified, they have a high unemployment rate, and what are they doing wrong?

Diversity isn't always the panacea!
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Old 12-29-2011, 04:01 AM
 
20,793 posts, read 61,308,820 times
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Quote:
Originally Posted by tijlover View Post
I grew up in, largely, a one industry town, Rochester, Minnesota, and I never knew what the word layoff was, or my relatives who've remained there, until I moved elsewhere.

Los Angeles is well-diversified, they have a high unemployment rate, and what are they doing wrong?

Diversity isn't always the panacea!
Rochester is not a one industry town, they have two MAJOR employers that are in totally different fields along with many other businesses that are not related to IBM or Mayo. For the size town, Rochester is very diversified.

Los Angeles (5) has fewer Fortune 500 companies then Minneapolis (9) and considering that LA is how many times larger then Minneapolis....
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Old 12-29-2011, 06:58 AM
 
Location: Cleveland bound with MPLS in the rear-view
5,509 posts, read 11,878,949 times
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Quote:
Originally Posted by golfgal View Post
Michigan's reliance on one major industry is their problem.

MN is fairly unique in that it has such a diversified employment base that is highly educated. That is what keeps our economy pretty stable.
I thought it was because MN was "so white"?
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Old 12-29-2011, 06:59 AM
 
Location: Cleveland bound with MPLS in the rear-view
5,509 posts, read 11,878,949 times
Reputation: 2501
Quote:
Originally Posted by golfgal View Post
Rochester is not a one industry town, they have two MAJOR employers that are in totally different fields along with many other businesses that are not related to IBM or Mayo. For the size town, Rochester is very diversified.

Los Angeles (5) has fewer Fortune 500 companies then Minneapolis (9) and considering that LA is how many times larger then Minneapolis....
Case. In. Point.

JK. So Rochester has a diversified economy with two major employers, but LA's economy is NOT diversified because it only has 5 Fortune 500 Corps. w/in its city boundaries (not to mention the 20 or so OTHER Fortune 500's in the metro area)? This is strange logic to me, and seems to be counter-intuitive.
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Old 12-29-2011, 09:07 AM
 
20,793 posts, read 61,308,820 times
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Quote:
Originally Posted by west336 View Post
Case. In. Point.

JK. So Rochester has a diversified economy with two major employers, but LA's economy is NOT diversified because it only has 5 Fortune 500 Corps. w/in its city boundaries (not to mention the 20 or so OTHER Fortune 500's in the metro area)? This is strange logic to me, and seems to be counter-intuitive.
Keep reading, Rochester has 2 major employers for a town of less then 100,000 people as well as several other large employers-the school system, the state of MN, and others.

You are now comparing a town of how many MILLION, LA and surrounding area, which still has fewer fortune 500 companies then the Twin Cities metro area. California on the whole has about 2 times as many fortune 500 companies as Minnesota, however you are comparing a state with just shy of 37,000,000 to a state of 3,000,000.

In California, almost every fortune 500 company is either related to the entertainment business or the energy (steel, oil, etc.) business. That is NOT diversified for a state that large. If the entertainment industry moved out of the LA area, LA would crash and burn, rapidly. If say 3M pulled out of Maplewood, the rest of the area would barely feel the loss...it would still hurt but it wouldn't crumble our economy. That is what diversity does.
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Old 12-29-2011, 09:11 AM
 
20,793 posts, read 61,308,820 times
Reputation: 10695
Quote:
Originally Posted by west336 View Post
I thought it was because MN was "so white"?
I will agree that the "whiteness" of MN does have something to do with it, mainly the general overall education level of the population. You will find equal or better employment rates for educated minorities in MN though too. Minorities, and whites, with a high school education or less, however, have very high unemployment rates. It isn't a race issue anywhere really, it's an education issue and this is true across the country.
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