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The Geography of Jobs


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Very interesting graphic presentation here that shows the geography of job gains and subsequent losses in various metro areas around the country.

http://tipstrategies.com/archive/geography-of-jobs/

Wow, it's crazy to view how historical events have affected the job situation across the US (i.e. katrina, bank collapse, SoCal/Miami Real Estate, etc)

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  • 1 month later...

It was like watching Detroit get nuked over and over again. The red circle didn't seem to get any larger because there were fewer and fewer jobs left to be lost.

Then South Florida went up. Then Los Angeles. Then the whole country. Kablooey!

Really sobering animation.

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It was like watching Detroit get nuked over and over again. The red circle didn't seem to get any larger because there were fewer and fewer jobs left to be lost.

Worse, actually. The circles describe the rate of job losses. If the circle stays the same size and color, that just means that the rate of job gains/losses is unchanged from the previous period. The economic nuking of Detroit is not over.

Also, the chart that Highway6 posted is not formatted the same as the charts displayed by my 1st post. They don't even display the same data. There is no indication that any metropolitan areas are improving, anywhere in the nation. An explanation from the source website explains Highway6's chart.

On this map, color signifies the rate in May 2009 and size of bubble indicates the rate point change since May of last year. Green dots are below the national unemployment level of 9.1 in May, and red dots are above the national [average].

...

While every metropolitan area of the country saw increased unemployment over May 2008, the Great Plains from Texas to North Dakota, the Mountain West, and parts of New England are still holding employment better than the rest of the nation.

So what Highway6's chart indicates is that Texas is among the least worst regions within the United States.

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It'd be interesting to overlay these maps from previous presidential election cycles, maybe Oct unemployment vs Nov red/blue voting maps, to see if there is a bankable correlation. Could make a good predictive map for future elections if it holds and reasonably recent job info is avail near election time.

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