Update: On October 3rd I posted a poll about the local economy. The GDT follows up today

Poll- U.S. unemployment has remained above 8% for 43 months but do you feel like the local economy is in the crapper?

Posted on October 3, 2012 by Joey C

I don’t have any friends that are without a job.  All of the restaurants we service are having great years and have told me that over the past 5 years things have gotten progressively better.  The malls are always packed.

I don’t see a ton of for sale signs around town on houses like you normally do when housing goes to shit.

So I ask you, do you feel like the economy is horrible based on what you see around you?  I’m not talking about the national 8% number I’m talking you personally?  Do you feel like the economy around you is horrible?

Leave your comment below this post in the comment section.

Results of the October 3rd local economy sentiment poll-

image

Today the Gloucester Daily Times has an article fleshing out the actual local numbers-

October 9, 2012

Jobless rate for city dips to 6.1%

By Times Staff Gloucester Daily Times

Gloucester’s unemployment rate, holding steady throughout the summer above the 6-percent mark, inched back down to 6.1 percent in August from a 6.2-percent figure in July, according to the latest city and town jobless statistics from the state’s Executive Office of Labor and Workforce Development.

And the tenth-of-a-point decrease this time comes with supporting figures showing that more people landed local jobs in August amid a growing summer workforce — with 250 more people working in August of this year, than had been in August 2011, when the city’s jobless rate was pegged at 7.4 percent.

For the entire article click here

About Joey C

The creator of goodmorninggloucester.org Lover of all things Gloucester and Cape Ann. GMG where we bring you the very best our town has to offer because we love to share all the great news and believe that by promoting others in our community everyone wins.
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2 Responses to Update: On October 3rd I posted a poll about the local economy. The GDT follows up today

  1. Joe, I’m personally not aware of any of my friends that are unemployed right now. If you look at the last 4 years since this big mess happened, the downward trend has continued regarding unemployment.

  2. Joe T. says:

    Gloucester doesn’t relay on one industry or another for any large employment block. Yes if one ot two of our larger employers were to have a major down turn it would reflect badly, but unless they both do the same kind of product , Gloucester will flex with it. Course high cost of fuel and raw materials or expenses are going up and eat away at our profit margins if left uncontroled we could slip over the edge.

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