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Podcast Special: What's working in the job market
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The number: 103,000.
That's how many jobs were created in the month of September according to the Labor Department. But the unemployment rate remained steady.
Already this month, we've seen competing job proposals from President Obama and Congress. We've seen presidential hopefuls debate government's role in job creation. But what we haven't seen is a close examination of what's working in the job market.
Marketplace hit the road, visiting communities across the country where jobs have been added, where companies are hiring, where Americans are finding their way back into the labor market. So where are the bright spots? And are they are bright enough to energize the economy?
Sunset Boulevard: 26 miles through the economy
Host Kai Ryssdal gets on the No. 2 bus in Los Angeles to travel more than 26 miles through the city east to west. The bus cuts across the economic landscape of Los Angeles: working class neighborhoods, Hollywood, UCLA, and the Pacific Ocean. Along the way, you see how the city is changing, how the city is working to put people back to work, how students are faring in this economy.
The economic engine of Los Angeles is in shift, just like the careers of many that ride the bus to work in the morning. What they'll tell you is that they're digging in, charting a new course in this economic climate. Some want to go back school. Others are moving from gig to gig. And many are doing the best they can.
Industry is strong in North Dakota
"North Dakota is probably the biggest industrial project going on in the United States of America right now." That's according to Jim Arthaud, who runs Missouri Basin trucking in Belfield North Dakota.
The national unemployment rate remains at 9.1 percent. But that's just an average. In some states, that figure is as high as 14 percent. But there's one state that's bucking the trend: North Dakota.
The state has the lowest unemployment rate in the country, just around 3 percent. In fact, the state is desperately trying to find enough workers to fill thousands of open jobs. And those jobs are across all sectors: accountants, fast food workers, oil drillers.
So is there a lesson in North Dakota for the rest of the country? Can that glimmer of economic hope spread?
Optimism on Sunset Blvd.
"You know you have to maintain a positive state of mind. I mean, I was raised by my grandparents. I was taught that things used to be much much worst. I haven't had to go to a soup kitchen yet. I haven't had to sell too many things.
So it could be a lot worse."
That quote comes from Eric Kelley. He was an architectural drafter until the recession. But the construction slowdown means no need for his drawings.
During an interview with Kelley on the No. 2 bus line, Kelly said he stays positive. He's gone back to school with the hope of learning new skills.
Resiliency and resolve, making things work in the job market. That's coming up on The Breakdown.
Everyone refers to the 100,000 "jobs" created last month!!! 43,000 of those jobs were Verizon workers who had been on strike and returned to work, so those could hardly be considered "new" jobs. Talk about skewing the numbers and not being truthful!!! It is really infuriating when one cannot trust anything one hears...absolutely nothing
Kai, Edit this any way you like if you want to share this: I was a "sufferer" of the early '80's recession as a 1981 graduate - in Biology, back when the environment was not popular, and James Watt worked for Ronald Reagan. But I and my fellow graduates survived - partly, I think because we were not barraged with all the sensationalist sound bites that pervade popular news media. Back in 81/82, I applied for a government science job, and waited 2.5 years before I bubbled up to the top of the hiring list. In the intervening time, I worked for a florist behind the counter, a wholesale greenhouse and also waitressed. I lived in a group house to save money. When I finally got my government science lab job in 1983, it was terminated 3 years later because Reagan wanted to downsize government, and was not fond of basic science that was not medicine. Instead of going to grad school, I changed careers and became a photographer. Now that industry is changing, and I am making a 5-year plan to change again. You adjust, you persevere, and you try not to panic. I do feel for today's grads, but I dont' appreciate how all the hype does affect the the cycle of consumer confidence/employment.
