Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

U.S. Regional Population Losses Linked to High Unemployment

“High unemployment rates are not just creating a drag on the U.S. economy, but are also linked to lagging population growth in economically distressed areas, according to a [Population Reference Bureau] PRB analysis of data from the U.S. Census Bureau. Between 2007 and 2008, the population in distressed counties—areas with unemployment rates of 6 percent or more in 2007—grew 0.3 percent, compared with a 1.2 percent growth rate in areas with relatively low unemployment (less than 4 percent). Nationwide, the population grew 0.9 percent during 2007-2008.

Most states and counties are still gaining population, but trends vary widely in different parts of the country. While populations increased in every state except Michigan and Rhode Island between 2007 and 2008, more than a third of U.S. counties experienced population losses during this period. The population decline was most pronounced in Michigan, where 60 of the state’s 83 counties lost population during the year. Michigan’s unemployment rate currently stands at 11.6 percent, higher than any other state.”

  • U.S. County-to-County Migration Reversals, 2000-2008
  • Related postings on financial system
  • Sorry, comments are closed for this post.