November 11, 2011

Best of blog posts for week of November 11th

Every Friday afternoon I share some of the more interesting or notable posts that I have seen in the personal finance blogs and other sources for the past week.



fivecentnickel points out a No Fee, 0% Balance Transfer From Chase Slate which I consider notable cause usually the 0% balance transfers come with a fee and this one doesn't.

FreemoneyFinance gives a  Soccer Referee Earnings Review and Update which makes for a nice side income.



Plus here's a list of the blog carnivals that my articles were in :


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November 10, 2011

How to Find Where the Jobs Are for An Occupation

If  you're job hunting or considering a new career then it is a good idea to know where jobs are located for the field in question.   If you live in Hawaii and have an interest in going to college Petroleum engineering then it would be good to know that most of the jobs are in Texas.   Or if you're a recently unemployed petroleum engineer then it would be a good idea to find out what locations employ the most people in your field so you know where to target your job search.

Today I'll show you how to find out how many jobs for a given occupation are in individual states and metropolitan regions.

The Bureau of Labor Services (BLS) site for Occupational Employment Statistics has specifics on individual occupations.    They break down data for total employment and average earnings for individual occupations.

If you scroll down the page to the OES databases then you can get to the 'multi-screen data search'.  This will get you to a multi-step wizard of sort that will let you select the data you want.  







We'll walk through it step by step to show you how to find where jobs are for a specific occupation.

First lets find out how many jobs for a given occupation are in each state.

On the first page of the process you have 4 selections :


I'll pick  = one occupation for multiple geographical areas

2) Pick the occupation.   On the second page you need to pick the occupation in question.   The list is broken into major fields and with individual occupations listed under each field.   Skim through the list till you find the occupation in question.


I'm going to use Petroleum Engineer as an example.  Its listed under the broader category of Architecture and Engineering Occupations.



3) Chose the Geographic Type

The next step gives you 3 choices :


- National simply chooses the whole country.
- States
You can pick individual states or all of them with the 'all states in the list'.
To pick more than one state hold control while you right click.
- Metropolitan or nonmetropolitan Area
This will let you select specific metro areas.   The metro areas are broader than just a single city and include the surrounding suburbs.  Not all metro areas will be available but the major ones should be covered.

Since I'm looking for how many jobs are in each state I'll pick the states.

4) Select one or more state    




On this step I can pick 'all states' or choose individual states.   I will just go ahead and pick 'all states' to see the whole list. 

5) Data types
The final step lets you choose what data you want : Employment, hourly wage data and annual wage data.
I just pick 'all data types' to get it all.  But you can selectively chose to only look at the specific items.
You can also select to get output of HTML or EXCEL. 

When you hit continue this will get you the results.   Below are the results for Petroleum Engineers per state in HTML:

(click image to see larger version)
Now we know how many Petroleum Engineers are employed in each state and what the average wages are for each state.

Now lets look at specific Metropolitan areas

The first two steps are the same. 
1) One occupation and multiple geographic areas
2) Select the occupation.  We'll look at Petroleum Engineers again.
3) This time instead of picking the States we'll instead elect Metropolitan or Nonmetropolitan area

4) Pick the metro areas.   The next step lets us select the specific metropolitan or nonmetropolitan areas in question that we want to look at.   We could pick 'all' option if we want a dump of all the areas.   However I'm going to look at Texas metro areas alone:
5) The last step remains the same and you can pick the type of data and output formula.  I'll ask for all data in HTML.  

Here are the results :
(click image to see larger version)

You can repeat these steps for any individual occupation for any given set of states or metropolitan areas.

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November 9, 2011

FREE - 15 4x8 photo cards & 25 4x6 photos at Rite Aid

Rite Aid is giving away 15 4x8 photo cards & 25 4x6 photo prints for free.   Use FREECARDS for the photo cards and and FREEPRINTS  for the 4x6 prints.

I found this one on Slickdeals.net
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Does Driving over 55 MPH Still Reduce MPG in Newer Cars?

If you were around in the 70's you know that the freeway mileage used to be 55 MPH.  This was done to save oil.  It was well proven at the time that higher speeds reduced the fuel efficiency in cars.   But years have gone by and cars have changed.  SO one might wonder if 55MPH is still more efficient than higher speeds or if newer cars wouldn't be able to hit a higher MPG at a higher speed. 

Can newer cars get higher MPG at faster speeds?  Is 55MPH still more efficient when driving a newer car?

Its not hard to find the answer.  Doing a quick google search reveals multiple tests people have done with recent model cars.  All the results are the same and confirm that faster highway speeds result in lower fuel economy for newer cars as well.

Here's several examples :

Consumer Reports tested several cars back in 2009 and found a drop off in MPG for every model as you increased speeds from 55MPH to 65 MPH or 70MPH

An article on MetroMPG site shows several of the charts in one place.     They also did testing of a 1998 Metro and found that MPG dropped off proportionally as speed increased above 55MPH.  

A user in the Hyundai forum did testing on a new Hyundai and they found that going from 60MPH to 70MPH differed as much as 6.5 MPG.

In the TDIclub site a user there tested new VW's and found that MPG dropped off steadily at freeway speeds above 50MPH.   They show results for 2009, 2010, 2011 Golfs and Jettas cars.

You may be thinking.  OK but what about a high efficiency super sports car?   Wouldn't a big engine in a sports car have a peak efficiency with a higher speed?   Someone tested a 2008 Corvette and found that MPG peaked around 35-40MPH.      Again, high speeds are lower efficiency. 

Hybrids are no different.    This page on the Priuschat website has data on a Prius Hybrid.   More data from another site shows similar data.  The MPG efficiency of the Prius drops off sharply after 40-45 MPH.   The most efficient speed for a Prius is then around 40 MPH.  

Bottom Line : Newer cars still have worse fuel efficiency at higher speeds.   Keeping your speed down will improve your mileage.

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