http://promo.realestate.yahoo.com/americas-recession-proof-cities.html
This is a story from Yahoo. it lists the top cities in America to be in during this time of recession. One of the main factors the report uses to determine the the safety of the city during recession is the unemployment rate. However, after talking about division of income levels, i think that this may not be the best way to judge the city. Six of the Top ten cities are located in the southern united states, including San Antonio and Houston. Because of their close location to the U.S. - Mexico border, there is a better chance of higher population of illegal immigrants that are not able to report unemployment because they fear deportation. Also, they may not be feel comfortable reporting their unemployment because of the pride factor. There are also other factors in the cities, including the growth of the city and the number of jobs and industries available. i just thought the unemployment rate could be a little misleading in some cases.
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2 comments:
It's very true that the lurking variable of illegal immigration could affect the ratings of these southern states. Another variable might be that employment isn't reported (such as children working for their parents instead of hired personal) and that wouldn't show up as being lost but not increase the employment rates.
It does seem very reasonable to assume that Josh's comments could have affected the results posted in this article. Although it is somewhat stereo-typical, the deep southern portion of this country has been prone to house the greater majority of immigrants that have arrived illegally to the USA and who have found work rather quickly and "under the radar." It's actually kind of surprising that the article fail to note some of these possibilities...
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