Tuesday, October 14, 2014

The Unemployment Rates of Burlington Vs. Guilford

 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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