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Old 06-03-2020, 02:51 PM
 
Location: In Transition
3,829 posts, read 1,686,336 times
Reputation: 1455

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Almost to the highest rates ever recorded which were 17.1 percent. Less than 1 million jobs in the region. First time since 1987

https://triblive.com/local/regional/...16-8-in-april/
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Old 06-03-2020, 03:10 PM
 
Location: Downtown Cranberry Twp.
41,016 posts, read 18,218,646 times
Reputation: 8528
Quote:
Originally Posted by Independentthinking83 View Post
Almost to the highest rates ever recorded which were 17.1 percent. Less than 1 million jobs in the region. First time since 1987

https://triblive.com/local/regional/...16-8-in-april/
Panic, fear, overreacting, etc..., often results in negative ramifications. Good think we have those “experts”
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Old 06-03-2020, 07:12 PM
 
127 posts, read 83,221 times
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Haven’t met one person in my circle that is unemployed or layed off. I bet the numbers are off.
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Old 06-04-2020, 06:50 AM
 
179 posts, read 106,938 times
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Quote:
Originally Posted by DreamPittsburgh View Post
Haven’t met one person in my circle that is unemployed or layed off. I bet the numbers are off.
Same here. But then again, selection bias n'at.
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Old 06-04-2020, 07:10 AM
 
Location: Atlanta
994 posts, read 502,206 times
Reputation: 588
It's not good. Few places are good shape at the moment.

Pittsburgh seems to be falling in the lower middle of metro areas, not that it's remotely comforting.
Seattle is at 16.7. I would have thought that they might be in a little better shape.

Here are Pittsburgh's adjacent/nearby metro neighbors and some regional ones:



Metro Rate
State College, PA 9.7
Washington-Arlington-Alexandria, DC-VA-MD-WV 9.9
Baltimore-Columbia-Towson, MD 10.4
Morgantown, WV 12.4
Indianapolis-Carmel-Anderson, IN 13.3
Columbus, OH 13.7
Harrisburg-Carlisle, PA 13.4
Cincinnati, OH-KY-IN 14.1
Cumberland, MD-WV 14
Milwaukee-Waukesha-West Allis, WI 14.5
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 14.5
Rochester, NY 14.9
Dayton, OH 15.9
Akron, OH 16
Allentown-Bethlehem-Easton, PA-NJ 16
Canton-Massillon, OH 16.3
Pittsburgh, PA 16.3
Syracuse, NY 16.3
Erie, PA 16.7
Altoona, PA 17.3
Johnstown, PA 17.4
Chicago-Naperville-Elgin, IL-IN-WI 17.5
Wheeling, WV-OH 17.5
Scranton--Wilkes-Barre--Hazleton, PA 17.8
Charleston, WV 18
Weirton-Steubenville, WV-OH 18.3
Buffalo-Cheektowaga-Niagara Falls, NY 19.2
Fort Wayne, IN 19.6
Youngstown-Warren-Boardman, OH-PA 19.8
South Bend-Mishawaka, IN-MI 21.1
Grand Rapids-Wyoming, MI 21.8
Toledo, OH 22
Cleveland-Elyria, OH 23.1
Detroit-Warren-Dearborn, MI 24.4
Flint, MI 30.1
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Old 06-04-2020, 08:50 AM
 
Location: In Transition
3,829 posts, read 1,686,336 times
Reputation: 1455
Quote:
Originally Posted by Joe_P View Post
It's not good. Few places are good shape at the moment.

Pittsburgh seems to be falling in the lower middle of metro areas, not that it's remotely comforting.
Seattle is at 16.7. I would have thought that they might be in a little better shape.

Here are Pittsburgh's adjacent/nearby metro neighbors and some regional ones:



Metro Rate
State College, PA 9.7
Washington-Arlington-Alexandria, DC-VA-MD-WV 9.9
Baltimore-Columbia-Towson, MD 10.4
Morgantown, WV 12.4
Indianapolis-Carmel-Anderson, IN 13.3
Columbus, OH 13.7
Harrisburg-Carlisle, PA 13.4
Cincinnati, OH-KY-IN 14.1
Cumberland, MD-WV 14
Milwaukee-Waukesha-West Allis, WI 14.5
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 14.5
Rochester, NY 14.9
Dayton, OH 15.9
Akron, OH 16
Allentown-Bethlehem-Easton, PA-NJ 16
Canton-Massillon, OH 16.3
Pittsburgh, PA 16.3
Syracuse, NY 16.3
Erie, PA 16.7
Altoona, PA 17.3
Johnstown, PA 17.4
Chicago-Naperville-Elgin, IL-IN-WI 17.5
Wheeling, WV-OH 17.5
Scranton--Wilkes-Barre--Hazleton, PA 17.8
Charleston, WV 18
Weirton-Steubenville, WV-OH 18.3
Buffalo-Cheektowaga-Niagara Falls, NY 19.2
Fort Wayne, IN 19.6
Youngstown-Warren-Boardman, OH-PA 19.8
South Bend-Mishawaka, IN-MI 21.1
Grand Rapids-Wyoming, MI 21.8
Toledo, OH 22
Cleveland-Elyria, OH 23.1
Detroit-Warren-Dearborn, MI 24.4
Flint, MI 30.1

The key will obviously be how many jobs come back vs how many are lost forever. Keep in mind this is only up through April and does not include May. Once things open up a better snapshot will probably be 3-4 months from now. It will be interesting to see where everyone is at, come September.
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Old 06-04-2020, 08:51 AM
 
Location: In Transition
3,829 posts, read 1,686,336 times
Reputation: 1455
Quote:
Originally Posted by DreamPittsburgh View Post
Haven’t met one person in my circle that is unemployed or layed off. I bet the numbers are off.
Quote:
Originally Posted by Blue Shift View Post
Same here. But then again, selection bias n'at.
You guys must not know many people. I know a half dozen or so.
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Old 06-04-2020, 10:19 AM
 
1,952 posts, read 1,132,021 times
Reputation: 736
Keep in mind we should be seeing record high unemployment, this is the first time unemployment has been open to a huge segment of self employed workers. These are people that have never been eligible before. As they are all allowed to open up and clients start returning those should all go away.

Also, remember there is a segment of people making more money (or close to the same) with the additional $600/week supplement. Once that goes away in July I bet many will return to work.
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Old 06-04-2020, 11:13 AM
 
Location: Atlanta
994 posts, read 502,206 times
Reputation: 588
Quote:
Once that goes away in July I bet many will return to work.
Yeah, that's why they're at home...




I know several people out of work because of this. Not one is sitting back thinking "oh we're getting money to stay home."
With 40 million people looking for work, it's not going to be as easy to get hired.
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Old 06-04-2020, 11:29 AM
 
1,952 posts, read 1,132,021 times
Reputation: 736
I never said it was a majority but if you do not think some workers out there are not thinking they are making more on UE so why should they go back to work to make less you are naive. Some will to help a past employer or just to get back out but why would someone opt to go back to work to make less money vs staying home? There is currently no requirement to be looking for work by UE.
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