Tuesday, April 21, 2009

Forbes Ranks Providence As Hardest US City To Get By In

Ain't this a bitch!? You can count me among the 11.6% of unemployed. Thank God for severance pay, unemployment, and oh yeah, can't forget about that blog money! This got me seriously thinking about moving down to Atlanta where my boy is at already.

Here's the scoop, via Forbes:

1. Providence, R.I.
(Providence-Fall River-Warwick, R.I.-Mass., metro area)

Population: 1.6 million

Cost of Living Index: 122

Median Income: $54,064

February 2009 Unemployment Rate: 11.6%

There are few smiles among those who live in Providence, R.I., these days.

In February, the metro area reported an 11.6% unemployment rate, one of the highest in the country. Construction--one of Providence's major industries--is down; traditional manufacturing has been struggling for years. Like many across the country, few are spending at retailers. And while the area's median income is $54,064--about $4,000 higher than the national average--its cost of living index is steep, 22 points above the national average of 100.

All this means it's hard to catch a break in Providence. While not as dire, other metro areas across the country are facing similar situations. It costs more than average to live in Sacramento and Portland. The New York metro area's got an 8.2% unemployment rate; in San Jose, home to Silicon Valley, it's 10%

Here's the rest of the list for all you other suckas and poor bastards who aren't quite as unfortunate as me:

2. Los Angeles, California
3. Riverside, California
4. Tampa, Florida
5. Buffalo, N.Y.
6. Portland, Oregon
7. Orlando, Florida
8. Detroit, Michigan
9. Miami, Florida
10. Louisville, Kentucky
11. Sacramento, California
12. Cleveland, Ohio
13. Las Vegas, Nevada
14. Charlotte, North Carolina
15. Rochester, N.Y.
16. Jacksonville, Florida
17. San Jose, California
18. San Diego, California
19. New York, N.Y
20. Memphis, Tennessee

Bonus: Get By (Remix) - Talib Kweli feat Mos Def, Kanye West, Jay-Z, & Busta Rhymes


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