Jobs Are Everything — Job Change By State and MSA
Posted by Ted C. Jones on January 20, 2011
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Jobs are everything to an economy. Period. People with jobs buy houses, and so goes jobs so goes roof tops, and so goes the demand for commercial real estate.
The latest state-based numbers recently were released, and they provide a unique insight into how specific economic factors impact each state/region differently.
The following State Excel sheet lists the percent change in jobs in each state in the last 12 months (comparing November 2010 to November 2009) and also comparing the previous 10-years (November 2010 versus November 2000) using non-seasonally adjusted employment numbers).
Also included are MSA(Metropolitan Statistical Area) numbers.
If you have questions—please leave a comment or email.
AMEN!! New Govenor in the State of Ohio John Kasich is promoting “JobsOhio” as one of our most important jobs initiatives in the past two decades. A private economic development organization to help spur growth and development in Ohio.
Unless you have been sleeping under a rock and based on your spread sheet it is very apparent that Ohio has got to step up big and new aggressive initatives are the only way to go. So lets get rockin;!!!
Jobs are not only critical for the people that want to buy a home but also a major factor in the decision of the banks when they determine whether they will lend money. Job history is a major factor when the bank reviews an application for a new loan. With the increased scrutiny and lending requirements, without a stable job, the chances of getting a new home loan are slim. Even with a large amount down and good credit.