New Job Market Report from Jobbait Adds New Data

Mark Hovind over at released his monthly job market report, and this month he's expanded it significantly with sector-level data by state and metropolitan area.

Mark offers the numbers in an easily digestible format organized by state in color coded tables. It's a great way to get a feel for what's happening in your region or nationally.

Mark hopes this will help identify sectors with job prospects, even in regions where overall employment is declining.  read more »

Mapping Industry Employment Trends by State

Mark Hovind at has released another fascinating set of maps and data on industry employment trends by state over the past few months. Here's a taste:

The maps below show the employment trends by state and industry sector for the 12 months ending June 2009 (July will be available August 21). Green is growing faster than the workforce. Grey is growing slower. Red is declining. Black is declining more than 8%.  read more »

Nation Has $445 Billion in Unfunded Health Care Benefits, Nebraska Has None

Nebraska was the 37th State to join the Union, is home to the “Cornhuskers,” and currently has a $3.5 billion budget and a $563 million cash reserve.

In this time of economic hardship, the Cornhusker state has no debt, shunning all long-term financial commitments including retirement benefits.

A recent USA Today survey of state financial reports found that the other 49 states combined “have an unfunded obligation of $445 billion” owed for the medical care of retired government workers.  read more »

State Budget Woes

A new report from the Center on Budget and Policy Priorities highlights the increasingly precarious fiscal situation faced by state governments confronting the ongoing economic downturn. According to CBPP, "at least 44 states faced or are facing shortfalls in their budgets for this and/or next year, and severe fiscal problems are highly likely to continue into the following year as well."  read more »