From CNBC, the lowest and highest unemployment rates in the country. Two heavily Hispanic agricultural towns, Yuma, AZ and El Centro, CA continue, year after year, to be the unemployment capitals of America.
Yuma’s unemployment statistics over the last generation are remarkable:
If you are looking for a way to predict the next recession, the last two were predicted by Yuma’s unemployment rate dropping, just barely, below 10% in 2000 and 2008.
Generally speaking, most to the worst 20 towns for unemployment are highly Hispanic, while the best 20 tend to be Neal Stephenson-style northern college towns and/or energy boom towns.
It’s almost as if constantly importing from Latin America the people who can’t get better jobs than stoop laborer doesn’t build a modern high-tech economy in the next generation.
