10 Cities Where People Can’t Find Work

[TruthOut10]

Despite many in the United States still feeling the pinch, there’s no denying that the job market is improving. Last week, the number of Americans seeking unemployment benefits fell to a five-year low of 330,000. The current unemployment rate, five years after the start of the Great Recession, was 7.8% last month. At the height of the recession, it was 10%.

Despite the fact the general job market is improving, the unemployment rate in certain metro areas continue to be awful. Based on the latest data available from the Bureau of Labor Statistics, 24/7 Wall St. reviewed the 10 metro areas with the highest unemployment rates in the country.

Two of the cities on this list, Atlantic City, New Jersey, and Ocean City, New Jersey, were in the path of Superstorm Sandy, which hit at the end of October of last year. Unemployment skyrocketed in November in both cities. In Ocean City, the jobless rate jumped from 11.8% in October to 14.5% in November.

While some of this jump may be the result of the storm preventing accurate data collection, BLS economist Tom Krolik explained that the responses in their monthly survey were sufficient enough to conclude that the increase in unemployment was a real one. The increase was likely caused by the storm itself closing down businesses at least temporarily and in many cases for the long term. “If you want to attribute the increase in Atlantic City-Hammonton to any one thing” Krolik added, “it would be the impact of the storm.”

Krolik told 24/7 Wall St. that a short-term jump in unemployment was a common trend in disaster affected areas. Once the rebuilding process has had a chance to work, unemployment would likely decline.


Read more: Cities Where People Can’t Find Work - 24/7 Wall St. Cities Where People Can?t Find Work - 24/7 Wall St.

 

[waltky]

1-In-3 US Counties Dying...

Census: Record 1 in 3 U.S. counties dying
Thu, Mar 14, 2013 WASHINGTON (AP) — A record number of U.S. counties — more than 1 in 3 — are now dying off, hit by an aging population and weakened local economies that are spurring young adults to seek jobs and build families elsewhere.

New 2012 census estimates released today highlight the population shifts as the U.S. encounters its most sluggish growth levels since the Great Depression. The findings also reflect the increasing economic importance of foreign-born residents as the U.S. ponders an overhaul of a major 1965 federal immigration law. Without new immigrants, many metropolitan areas such as New York, Chicago, Detroit, Pittsburgh and St. Louis would have posted flat or negative population growth in the last year. “Immigrants are innovators, entrepreneurs, they’re making things happen. They create jobs,” said Michigan Gov. Rick Snyder, a Republican, at an immigration conference in his state last week. Saying Michigan should be a top destination for legal immigrants to come and boost Detroit and other struggling areas, Snyder made a special appeal: “Please come here.”

The growing attention on immigrants is coming mostly from areas of the Midwest and Northeast, which are seeing many of their residents leave after years of staying put during the downturn. With a slowly improving U.S. economy, young adults are now back on the move, departing traditional big cities to test the job market mostly in the South and West, which had sustained the biggest hits in the housing bust. Census data show that 1,135 of the nation’s 3,143 counties are now experiencing “natural decrease,” where deaths exceed births. That’s up from roughly 880 U.S. counties, or 1 in 4, in 2009. Already apparent in Japan and many European nations, natural decrease is now increasingly evident in large swaths of the U.S., much of it rural.

Despite increasing deaths, the U.S. population as a whole continues to grow, boosted by immigration from abroad and relatively higher births among the mostly younger migrants from Mexico, Latin America and Asia. “These counties are in a pretty steep downward spiral,” said Kenneth Johnson, a senior demographer and sociology professor at the University of New Hampshire, who researched the findings. “The young people leave and the older adults stay in place and age. Unless something dramatic changes — for instance, new development such as a meatpacking plant to attract young Hispanics — these areas are likely to have more and more natural decrease.”

The areas of natural decrease stretch from industrial areas near Pittsburgh and Cleveland to the vineyards outside San Francisco to the rural areas of east Texas and the Great Plains. A common theme is a waning local economy, such as farming, mining or industrial areas of the Rust Belt. They also include some retirement communities in Florida, although many are cushioned by a steady flow of new retirees each year. In the last year, Maine joined West Virginia as the only two entire states where deaths exceed births, which have dropped precipitously after the recent recession. As a nation, the U.S. population grew by just 0.75 percent last year, stuck at historically low levels not seen since 1937.

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