32 states trail US as a whole in job recovery
Source: AP-Excite
By PAUL WISEMAN
WASHINGTON (AP) Five years after the Great Recession officially ended, most states still haven't regained all the jobs they lost, even though the nation as a whole has.
In May, the overall economy finally recovered all 9 million jobs that vanished in the worst downturn since the 1930s. Another month of solid hiring is expected in the U.S. jobs report for June that will be released Thursday.
Yet 32 states still have fewer jobs than when the recession began in December 2007 evidence of the unevenness and persistently slow pace of the recovery.
Even though economists declared the recession over in June 2009, Illinois is still down 184,000 jobs from pre-recession levels. New Jersey is down 147,000. Both states were hurt by layoffs at factories. Florida is down 170,000 in the aftermath of its real estate market collapse.
FULL story at link.
Read more: http://apnews.excite.com/article/20140702/us--lost_jobs-states-8be6cfe42f.html
Graphic shows state-by-state, percent change in nonfarm payroll between December 2007 and May 2014;
geek tragedy
(68,868 posts)eppur_se_muova
(36,259 posts)Good for employment, terrible for the planet and everyone living on it.
cali
(114,904 posts)and farming jobs have grown- and they aren't all what you may think. Places like this have grown:
http://www.jasperhillfarm.com/employment/
and then there's this:
http://www.nawindpower.com/e107_plugins/content/content.php?content.13127
http://www.benningtonbanner.com/ci_26028747/vermont-businesses-celebrate-growing-jobs-strong-local-support
http://vtdigger.org/2014/06/20/vermont-unemployment-steady-3-3-percent/
Ruby the Liberal
(26,219 posts)27.6% increase?
KamaAina
(78,249 posts)there's an oil boom on up there, with all the stuff, like housing shortages, that go along with it.
Ruby the Liberal
(26,219 posts)Thanks.
happyslug
(14,779 posts)North Dakota and Texas are home to the Fracking Oil boom in the US. Louisiana is always tied in with oil. New York State is being dragged down by its Upstate cities, but the Financial hub of NYC is leading the boom. Texas is also home to a lot of Defense spending, always a boom to an economy.
Montana and South Dakota are hanger ons as to the North Dakota oil boom. West Virginia had gone so far down PRIOR to the downturn that it could only go up. Maryland is tied in with DC and thus is always booming (Virginia is hurting for it is less dependent on DC and more dependent on Norfolk and with the nature of the War in Iraq and Afghanistan, naval spending has declined over the last ten years).
The Three "High Tech" states are doing well, California, Washington and Massachusetts, but that is always expected for a lot of "High Tech" is also defense orientated. Oklahoma appears to be booming for it is the area where oil from the North Dakota Fields shifts from train to pipeline on its way to the Texas oil refineries.
Nebraska is considered to have the most "Neutral" accent among people who live outside the South, thus a lot of call centers are out of Nebraska. Iowa is just across a river and that could be enough to increase their employment.
That leaves, Utah, Colorado, and Minnesota. I can not think of any reason why they should be booming off the top of my head, through Colorado is home to a lot of Defense Spending.
Yavin4
(35,434 posts)Mormons in Utah have a ton of money and they distribute it well within their church. North Dakota's oil boom spills over into Minnesota.
JDPriestly
(57,936 posts)They generally don't favor government welfare, but they have a church system of welfare, of helping people in need. They don't want to share or support welfare for non-Mormons I gather. And I would guess that is why they don't support government welfare. But withing their church they are extremely generous to those who are having a rough time.
secondvariety
(1,245 posts)This is what happens when a states economy is a one trick pony.
ensemble
(164 posts)The strip of states in the middle look pretty good execpt for Gov. Bareback's state. Maybe they need to cut taxes more.
Rod Beauvex
(564 posts)But 32 states is over 50% of the country. 'As a whole' is a weird phrase to use here.
Amonester
(11,541 posts)Looks like CA, NY, and TX account for 'As a whole' these days...
JDPriestly
(57,936 posts)A series of Republican governors who preferred borrow and spend way beyond your means to tax and spend what you can afford nearly ruined our state.
Jerry Brown asked voters to approve a referendum measure to raise taxes -- on everyone but more on high income Californians. And we are turning our economy around. That's what was needed. That's what we voted to do.
A lot of Republican states can't pull themselves up because they simply do not have the tax revenue to make their states livable.