Tuesday, April 30, 2013

Compare and contrast

The Bureau of Labor Statistics put out a report recently: Employment and wage changes in oil-producing counties in the Bakken Formation, 2007–2011

Worth a read, and worth doing a compare and contrast with some areas I hear have shale gas development in the east. I really don't think anyone has done an analysis like that which I find odd given all the interest.

and out just now, Pittsburgh MSA unemployment rate for March at 7.3%, down 2/10ths of a percent from a revised February number. Thing to watch is that the region's remarkable run of strong labor force growth looks to be slowing, at least with the preliminary data today.  We'll see.

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