Job Markets: The Trends of 2010 Continue (via 24/7 Wall St.)

Yes and no. Yes unemployment, like real estate does have many local factors not the least of which include governmental regulation and taxation that can make a business viable. However unemployment is also national, affected by the same factors on a macro scale including less quantifiable concepts such as “confidence” that help individuals and businesses decide what to do with their money – invest, save, pay off debt etc. It’s a twisted web with many influences.

Job Markets: The Trends of 2010 Continue Unemployment is not a national problem. It is a regional one. The jobs troubles have been in regions hardest hit by the collapse in real estate prices and layoffs in the older industrial states. That was the trend during the depth of the recession. Nothing has changed, based on new Gallup data. "Gallup's Job Creation Index shows that Washington, D.C., as well as energy- and commodity-producing states, continue to dominate the 10 best job markets … Read More

via 24/7 Wall St.

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