Monday, May 5, 2014

The Economy - Where The Jobs Are

My son is in the 18-25 and was not been able to find a job in our area. So he did the wise thing, he took a job in another state. Which one? Alaska! There are good paying jobs out there in this economy. Unfortunately they are not in the usual locations. If someone wants a good paying job they might want to move where they are - primarily Alaska, North Dakota, and Texas. Why are the jobs there? Why are those areas growing? I think it has everything to do with oil. Yes there are contributing factors (like smaller government, lower taxes, and better business climate), but it is the oil business that is driving this growth. Maybe there is a lesson here? For example, California has one of the largest oil reserves in the world, but will not touch it. What is the outcome? Well, I live in California and my son moved to Alaska. I think that tells the whole story.

What do you think?