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Wednesday, December 03, 2008

What Does Your Local Unemployment Look Like?

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This morning as I came in with the local paper, I read a story about unemployment in North Carolina where we have been hit with layoffs from Wachovia and Freightliner and many many other companies of smaller sizes.
We have over 12 counties in the state where the unemployment rate is over 9%.We have 4 counties with rates under 6% and 21 counties where the unemployment rate is between 6% and 9%.
Nationally unemployment rates went to 6.5% last month.
I've heard that unemployment rates in Michigan are in double digits and going up.
I'm curious what everyone else around the country or the world for that matter is looking at for unemployment levels at a local or semi local level.
To contrast this discussion, Black Friday sales at the local Sears TV department came in at $49k, when expectations for sales were expected to be about $26k. (heard this from a friend :) )
So it would seem that while our county has an unemployment rate of 9.1%, people turned out to buy more TV's (No Interest until 2012).
Are people in your area preparing to hit the streets and get a job?
or
Are they preparing to hit the couch and sit the winter out?
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