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Unemployment

Black Friday

by: btchakir

Fri Nov 27, 2009 at 13:01:01 PM EST

by:  btchakir

Today is Black Friday.

It has only been in the last couple of years that stores gave actually referred to "Black Friday" in their post-Thanksgiving-sale ads... There was a time that they didn't really want you to know that it was the point on the fiscal calendar when they went into the Black...or started to earn a profit, as opposed to being in the Red, or losing money. Once upon a time the retailers did not want you to know how tenuous their existence was... it would be more like begging than selling.

There's More... :: (0 Comments, 214 words in story)

West Virginia Unemployment May 2009

by: Clem Guttata

Thu Jul 02, 2009 at 15:50:31 PM EDT

May 2009 unemployment figures announced. Here are the numbers for West Virginia:

LABOR FORCE DATA                                                                                                        LABOR FORCE DATA
NOT SEASONALLY ADJUSTED                                                                                          NOT SEASONALLY ADJUSTED

Table 1. Civilian labor force and unemployment by state and metropolitan area

(Numbers in thousands)
                                                                                                                                        
                                                                                                                                        
                                                                                                                                        
                                                                                                      Unemployed                        
                                                                                                                                        
                                                 Civilian labor force                                                                   
                                                                                                                                        
             State and area                                                                 Number                Percent of labor force
                                                                                                                                        
                                                                                                                                        
                                               April              May              April              May           April        May    
                                                                                                                                        
                                                                                                                                        
                                           2008     2009     2008     2009p    2008     2009     2008     2009p   2008  2009  2008 2009p


West Virginia...........................    810.1    793.0    813.2    796.0     33.6     62.8     33.9     67.7   4.1   7.9   4.2   8.5
  Charleston............................    140.7    137.2    140.6    137.5      5.0      9.4      5.0     10.3   3.6   6.9   3.6   7.5
  Huntington-Ashland....................    132.2    131.4    132.3    132.4      5.8      9.7      6.5     10.6   4.4   7.4   4.9   8.0
  Morgantown............................     63.7     62.2     64.6     62.5      1.8      3.1      1.9      3.4   2.8   4.9   2.9   5.4
  Parkersburg-Marietta-Vienna...........     79.6     79.4     79.8     79.5      3.6      7.4      3.7      7.5   4.5   9.3   4.7   9.5
  Wheeling..............................     69.0     68.6     69.0     68.5      3.3      5.9      3.3      5.9   4.8   8.6   4.8   8.6

For all of West Virginia, 3,000 people joined the civilian labor force (May 2009 projected of 796,000 less April 2009 of 793,000) and the number unemployed rose 4,900 from 62,800 to 67,700.

Charleston (+ 0.6%), Huntington-Ashland (+ 0.6%) and Morgantown (+ 0.5%) all saw large single-month increases in unemployment--pacing the state overall gain of 0.6% to 8.5% unemployment.

The already hard-hit areas of Parkersburg-Marietta-Vienna (0.2%) and Wheeling (unchanged) saw relatively small changes in unemployment compared to the rest of the state.

Discuss :: (4 Comments)

West Virginia Unemployment by Region

by: Clem Guttata

Fri Jun 05, 2009 at 14:14:11 PM EDT

West Virginia has lost a lot of jobs in the past year. Here's a list of Unemployment Rates, by Metro Area that include WV. (The first number is the April, 2009 unemployment rate, the second is year-over-year change since April, 2008).

Metro Area              State - April Jobless Rate - Change from April 2008   
Weirton-Steubenville 	WV-OH 	11.7% 	+6.1
Hagerstown-Martinsburg 	MD-WV 	9.3% 	+4.7
Parkersburg-Marietta-Vienna 	
                        WV-OH 	9.2% 	+4.7
Wheeling 	        WV-OH 	8.6% 	+3.8
Winchester 	        VA-WV 	8% 	+4.5
Cumberland 	        MD-WV 	7.8% 	+3.1
Huntington-Ashland WV-KY-OH 	7.4% 	+3
Charleston 	        WV 	6.8% 	+3.2
Washington-Arlington-Alexandria 
                  DC-VA-MD-WV 	5.6% 	+2.6
Morgantown 	        WV 	4.9% 	+2.1

Thing are tough all over, with the panhandles and other border regions especially hard hit. In the Eastern Panhandle only the core DC area still has relatively low unemployment, all of the exurb communities (those near Winchester, Hagerstown, Cumberland) have been hit much harder already.

Discuss :: (0 Comments)

My Tax Cut: The Dems, The Stim, Capito and The Fierce Urgency of Now

by: benjaminwalter

Sat Apr 04, 2009 at 11:08:54 AM EDT

I'd like to say "thanks" to President Obama and the Democratic Congress for my tax cut in the stimulus package. Yep, got my weekly paycheck yesterday afternoon, April 2, and there it was: an extra $20.

Now, my math's not on a Paul Krugman level, but it's probably in the ballpark with Eric Cantor's, John Boehner's and Shelley Moore Capito's, so it seems to me that my amount works out to the equivalent of damn near a thousand bucks a year.

There's More... :: (12 Comments, 1051 words in story)

What will the Senate do with the Stimulus Bill?

by: btchakir

Sun Feb 01, 2009 at 11:56:12 AM EST

( - promoted by Carnacki)

I've been watching Kay Bailey Hutchinson (R - Texas) debating John Kerry (D - Massachusetts) debating the economic stimulus bill and it's related problems with bipartisanship on MEET THE PRESS. Needless to say, Kerry is pushing for jobs, education and infrastructure employment. Hutchinson is pushing for tax cuts, of course, and is threatening another 100% Republican pullout. What stuck in my mind, however, was her statement that the Infrastructure has been well-funded so far and is not a problem.  
There's More... :: (2 Comments, 245 words in story)
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