An interactive observation tower, surveying one man's attempt at making sense of it all.
"An economist is someone who sees something working in practice and asks whether it would work in principle."
Michael Shep: This graph can easily be analyzed... the midwest has the lowest because of farm workers and the more rural setting. This means less competition for jobs. I guess the demand for lumberjacks is high in New Hampshire and there is not much competition for occupations there. The more populated and dense states are the states with higher unemployment rates. The logging industry may be failing in the Pacific Northwest. Florida's problem is with foreclosure rates on homes and unemployment exacerbates that issue.
Michael Shep:
ReplyDeleteThis graph can easily be analyzed... the midwest has the lowest because of farm workers and the more rural setting. This means less competition for jobs. I guess the demand for lumberjacks is high in New Hampshire and there is not much competition for occupations there. The more populated and dense states are the states with higher unemployment rates. The logging industry may be failing in the Pacific Northwest. Florida's problem is with foreclosure rates on homes and unemployment exacerbates that issue.