India/U.S. Jet Deal could bring 27,000 jobs to U.S.

India/U.S. Jet Deal could bring 27,000 jobs to U.S.

17 OCT, 2010, 10.19AM IST,PTI

Oct. 18 – In a potential deal that would be completely off-limits for China, two major U.S. jet manufacturing companies, Boeing and Lockheed Martin, are vying for a US$10 billion Indian tender.

“If either jet wins, we estimate that it could bring 27,000 jobs to the U.S.,” Assistant Secretary of State for South and Central Asia Robert Blake told the Baltimore Council on Foreign Affairs. Read More ...

Wall Street Journal reports:

U.S. Seeks Billions in India Deals

NEW DELHI—The U.S. is aiming to sell up to $5.8 billion of military-transport aircraft to India and secure other major deals when President Barack Obama travels to New Delhi early next month, a visit that will seek to alter the tenor of an increasingly tense commercial relationship between the world's largest democracies. Read More ...

Colorado Job Rate September 2010

Colorado Unemployment Rate grew from 8.1 to 8.2 Percent in September 2010.

News from Colorado Department of Labor and Employment:

Colorado’s seasonally adjusted unemployment rate increased one-tenth of one percentage point to 8.2 percent in September from the revised August rate of 8.1 percent, according to Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment.

“Colorado’s economy remains relatively flat,” Mares said. “We have not seen the economic jumpstart that everyone is eager to see and these last several months have underscored the fact that little activity is an expected part of a slow recovery process. We are hopeful that upcoming seasonal hiring may have a positive impact in the months ahead.”

The number of working Coloradans rose 1,600 over the month to 2,441,500. The civilian labor force increased 4,000 to 2,660,400. The number of residents unsuccessfully looking for work increased 2,400 over the month to 218,900. One year ago, total employment was 2,469,500 and the number of unemployed was 206,500. The civilian labor force has declined 15,600 since September 2009.

The unemployment rate (not seasonally adjusted) increased in 28 of Colorado’s 64 counties, decreased in 24 and was unchanged in 12. The lowest rate was 3.2 percent in Cheyenne County and the highest was 14.9 percent in Dolores County. In September 2009, the unemployment rate declined in 52 counties, rose in 9 and remained unchanged in 3. Last year, the lowest rate was 2.1 percent in Cheyenne County and the highest was 13.6 percent in Dolores County.

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Answers to the Unemployment QUIZ #2. There's a Map for that!

Amaze your friends by showing them a dynamic application that will visually MAP the answers to life's unemployment geography questions.

You decide.

Locate the unemployment rates by States, Counties, or Metro Statistical Area (MSA). Pick a category and press the Draw button and a custom map will be created based on the Federal Bureau of Labor Statistics.

To get you started, here are a few Quiz Questions.

1. What states have the lowest unemployment rate in the nation?

2. In Colorado, what counties have the highest and lowest rate?

3. Is the unemployment rate increasing or decreasing in your area over time?

4. The Basic question: Are there greener pastures elsewhere?

To Answer the question, do the following:

1. Navigate to : ( The Bureau of Labor Statistics web site http://www.bls.gov )

2. Click on this link to view the main map.

http://data.bls.gov/map/servlet/map.servlet.MapToolServlet?survey=la

3. Select the tab by States, Counties, or MSAs.

For example, here is an map for colorado.

http://data.bls.gov/map/servlet/map.servlet.MapToolServlet?state=08&datatype=unemployment&year=2010&period=M08&survey=la&map=county&seasonal=u

4. Move the cursor over the map to see more detail.

Summary: Overall, Colorado is in the middle of the range between high and low employment rates across the nation.

The dynamic nature of the map can reveal trends without having to read all of the details. The answers just pop out.

How did you do on the Quiz?