For our data visualization, we chose to look at and compare the unemployment rates of Burlington, Vermont, and Guilford, Connectcuit. From the months of March through August 2014 the
unemployment rate has gradually increased in the months of June and
August. It started at 3.2 in the month
of March 2014. It seemed like in the
months of April and May, that the unemployment rate decreased a little those
being the months of spring meaning there was a bigger percentage of people who
were employed and were able to find spring and summer employment. The overall estimated unemployment rate for
Burlington was 4.1 percent as of the month of July 2014.
Comparing the unemployment rate in Guilford, CT we notice
that the rate was significantly higher which is kind of strange since it’s a
lot smaller than Burlington, VT. Must
mean that there isn’t much opportunity around for employment and a lot more
people have a difficult time trying to find employment in the town.
During the recession we just came out of, the unemployment
rate in Burlington was a lot lower than the national unemployment rate. Right now, there are employers struggling to
fill positions Known as the “Job Seeker’s Market.” There are more jobs that are available; more
then there are people who are actually qualified for the position.
A lot of the jobs that in the Burlington area are in the
service industry such as: hotels, restaurants, and convenient stores. The majority of the class is listed in the
hospitality industry.
The fall foliage is going to open up demand for the tourist
industry jobs, and also ski resorts are going to start getting busier. It’s also the beginning of the holiday
season. There is a fair amount of
manufacturing jobs in Burlington as well.
Burlington in particular is becoming a tech hub “spot.” There is a demand for highly skilled
technical workers with advanced and specific computer skills, such as company’s
like: dealer.com, mygofer.com.
Burlington is also becoming a place where there are a lot of people who
are creating their own businesses also known as entrepreneurs which is
effecting the job market in such a way that people don’t need to work for
anyone they can just work for themselves and be paid under their own
payroll. The company uber.com is a taxi
source company that has been designed using the Icloud new technology aspect. The company will need drivers, which will
also affect the job market. As the years
progress, the unemployment rate for Burlington will most likely decrease as
more entrepreneurs create their own businesses, and will continue to increase
in the town of Guilford, CT unless there is a change in the opportunity for employment
and more jobs start becoming available.
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