Word: morgantown
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Back in December the unemployment rate in five of those cities - from 2.7% in Morgantown to 5.5% in Jonesboro - was not only well below the national average of 7.2%, but also lower than it had been 12 months earlier; in the sixth, Casper, the rate held steady from a year ago. That put them starkly at odds with the other 363 metropolitan areas tracked by the BLS, all of which were seeing unemployment rising, in some cases sharply. Unemployment in Boise, Idaho, for example, jumped from 3.0% to 7.1% during 2008. In Fresno, Calif., it went from...
...more. Each of these cities - Casper and Cheyenne, Wyo., Charleston and Morgantown, W.Va., Bismarck, N.D., and Jonesboro, Ark. - is now suffering the effects of the economic slump. "In the beginning, it was the manufacturing areas, the high-foreclosure areas, the places with the construction jobs and the banking and financial industries," says Bureau of Labor Statistics (BLS) economist Lisa Williamson. "Now, there's a ripple effect throughout the economy." (See pictures of Americans in their homes...
...major layoffs by giving workers other tasks like training workshops. Going into the recession, each of the six cities had at least one built in advantage: either being a state capitol (Bismarck, Charleston and Cheyenne), hosting a big university (like Arkansas State in Jonesboro and West Virginia University in Morgantown) or sitting on top of a valuable natural resource (natural gas in Casper, coal in West Virginia and oil in North Dakota...
...Unemployment claims started ticking upward in Jonesboro. In Cheyenne, unemployment hit 5.9%, up from 4.7% the January before, as layoffs in its warehousing and retailing industries started to filter through. Owing partly to an aluminum plant shutdown, unemployment in Charleston rose to 4.9% from 3.9% 12 months before. In Morgantown, the rate went to 3.9%, from 3.2%. Lower energy prices helped drive up the percentage of unemployed people in Casper to 4.2% from 3.4% year-over-year, and will likely have a similar effect on Bismarck's number when they're released next week...
...Walt mentioned, Beilein is a system coach. But it’s a system he’s had a lot of success with. Beilein has piloted three different teams (Canisius, Richmond, and West Virginia) to 20-win seasons and NCAA Tournament berths. His last three seasons in Morgantown, he won 73 games. But his best Mountaineers teams featured an odd tandem of stars: Mike Gansey, a shooting guard who might not have been able to dunk but sure could shoot, and Kevin Pittsnogle, a 6’11 forward who could pass and shoot the trey. Their offense, though...