Friday, January 11, 2008

a tale of two years

More interesting to me sometimes than the regional unemployment rate is the relative unemployment rate, i.e. how our numbers compare to national trends. One reason is that models of migration within the US often rely more on the relative unemployment rate and other factors than the absolute numbers. If things are good (or bad) everywhere it is hard to connect the level of unemployment to migration trends in and of themselves. Here is what you get when you compare US to Pittsburgh unemployment rates over the last couple of years which gives you a curious break between 2006 and 2007:


2 Comments:

Anonymous Anonymous said...

Chris, the data is great, but what are you suggesting? That this trend suggests in-migration to the region will grow or population loss will soon halt?
On a related note, WDUQ ran another piece yesterday about the thousands of jobs going unfilled in the region due to lack of training. If this is true, then why aren't we recruiting workers or re-training others already here?

Friday, January 11, 2008 6:22:00 PM  
Blogger C. Briem said...

I merely hint at things worth watching... and different ways of watching them.

shortages of skilled workers are not limited to Pittsburgh. The question is where are the shortages worse? But workforce development is one of the more difficult policy challenges out there. And as much as worker training is difficult, worker re-training is that much harder. A generation ago Ronald Reagan came to Pittsburgh at our economic nadir and suggested in a famous speech that there were all these new tech jobs for workers to switch into. Making a 20 year veteran steelworker into a database administrator is just not something about to happen.

Saturday, January 12, 2008 4:36:00 PM  

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