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Low Unemployment? Really?

An SI Board Since November 2000

Posts	SubjectMarks	Bans
18	1	0

Emcee: BWAC	Type: Unmoderated

Introduction Compact

I heard some numbers on the local news that sorta amazed me so I did a little more digging. My conclusion is that the "low unemployment" is in the large cities, not in the outlying areas of the economic region.

Take Metro Charlotte, NC for example:
(Source: NC Employment Security Commission Website)
ncesc.com

NC Economic Development Regions and their counties

Carolinas Partnership EDR - Alexander, Anson, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly, Union

Individual Rates:
Mecklenburg (Charlotte) 2.5%
Rowan 9.5% (Freightliner Plant layoffs)
Stanly 4.4%
Union 2.3% (A lot of Commuters to Charlotte)
Lincoln 5.2%
Iredell 5.2%
Gaston 8.1% (Mill layoffs)
Cleveland 6.7%
Catawba 2.4% (Furniture Industry Booming, for Now!)
Cabarrus 3.0% (A lot of Commuters to Charlotte)
Anson 6.6%
Alexander 3.4%

The state quotes the region to be at 4%, which is skewed by the population center of Mecklenburg. Taking each county as equal weight the average comes out to be 5%. Maybe Greenspan needs to get out of the cities every once in a while and look around?

Anybody see similar situations in your part of the country? I always find it amazing that the government works so actively to keep a certain portion of the population jobless and pennyless.

Interest rates are too high.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
18	BWAC, you are correct that "it depends" when it comes to unemployment.	Mike 2.0	-	11/27/2000
17	But if I pay myself then I automatically lose 12% of my money. Let's face i	gulleyjimson	-	11/26/2000
16	the tax is okay, you are doing some good for the nation !!!	Bald Man from Mars	-	11/26/2000
15	I would but I don't want to pay 12 percent Social Security tax.	gulleyjimson	-	11/26/2000
14	BWAC, All bs aside, here in south central Pa. there are jobs aplenty. Some commu	Steve Felix	-	11/26/2000
13	dude, what is the story with you ... so why don't you employ yourself, good	Bald Man from Mars	-	11/26/2000
12	I've been unemployed and unemployable for 20 years. Obviously another examp	gulleyjimson	-	11/26/2000
11	<<It is a feel good number. But what is actually beneath the number? >&	Bald Man from Mars	-	11/26/2000
10	Hey from your education, you should easily be able to see that the 3.9% headline	BWAC	-	11/26/2000
9	<couldn't you get some small business loan or something ...> Lets jus	BWAC	-	11/26/2000
8	couldn't you get some small business loan or something ... may be you can u	Bald Man from Mars	-	11/26/2000
7	I would hire you, I would train you, I would pay a decent salary, with decent be	BWAC	-	11/26/2000
6	dude, if you are hiring, this is my educational background B.S. in Mathematics f	Bald Man from Mars	-	11/26/2000
5	dude, are you going to hire me or not, you can train me, right ... I have a dece	Bald Man from Mars	-	11/26/2000
4	Well thank you, Bald and Steve, for your, err, discussion? Is the current econo	BWAC	-	11/26/2000
3	Sir, can I meet your wife, I love her sense of humor ...	Bald Man from Mars	-	11/26/2000
2	Bald Man, I would hire you to figure my compound interest, but with interest rat	Steve Felix	-	11/25/2000
1	dude, I need a job, can you hire me, the problem is I don't know anything ..	Bald Man from Mars	-	11/25/2000

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