For John, BLUF: THe economic recovery is slow. Nothing to see here; just move along.
From the US Bureau of Labor Statistics, we have the County Employment and Wages Report, Third Quarter 2012.
From the Bureau of Labor Statistics Report we find that Middlesex County♠ had an increase in employment from this past September over September of 2011 of 1.7%, making us number 123 out of the 329 largest counties in the country. Our employment was 829,8000 workers.
On the other hand, average weeky wage was $1,318, down 0.3%. That makes us 68 in terms of size of change from September 2012 vice 2011, out of the 329 largest counties, nation wide. Quoting from the report:
Average weekly wages for the nation decreased by 1.1 percent during the year ending in the third quarter of 2012.So, we did better than average, wage wise.
Regards — Cliff
♠ Quoting from Wikipedia: Middlesex County, in the Commonwealth of Massachusetts, is the twenty-third most populous county in the United States and the most populous county in New England. As of the 2010 census, the population was 1,503,085, making it more populous than any other New England state except for Connecticut. The center of population of Massachusetts is in Natick, Middlesex County. As of 2006, Middlesex County was tenth in the United States on the list of most millionaires per county.
At the risk of stating the obvious, I don't mind that headline. Having been unemployed, underemployed, and gainfully employed at various stages in my adult life, I can say for sure that the first of those statuses is the worst by far.
ReplyDeleteSometimes this gets forgotten in union negotiations...if forgoing raises means keeping a quarter of your police force employed, maybe it's time to play ball with the Mayor (I'm thinking of Newark, NJ when I say that).