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RiseSmart's Unemployment Rate Predictor Outperforms Vegas Oddsmakers as Broncos Defeat Panthers in Super Bowl 50SAN JOSE, Calif., Feb. 8, 2016 /PRNewswire/ -- The winning team of the Super Bowl once again hails from the city with the lower unemployment rate, an outcome that occurs three-quarters of the time according to an analysis by RiseSmart, a Randstad company and the leading provider of contemporary career transition solutions. Data from the Bureau of Labor Statistics (BLS) shows that the team whose metropolitan area boasts the lower unemployment rate has now enjoyed a 75 percent success rate since 1981. On Feb. 1, RiseSmart issued its annual Super Bowl prediction, forecasting that the Denver Broncos would defeat the Carolina Panthers in the Big Game based on an analysis of BLS data. Through November, the 2015 unemployment rate for Denver was 3.9 percent, compared to 5.4 percent for Charlotte, signaling a Denver victory. The Broncos defeated the Panthers 24-10 Sunday, confirming RiseSmart's prediction while defying those of Vegas oddsmakers. This is the sixth consecutive year that RiseSmart has issued its Big Game prediction based on unemployment data. View a news release with a data table correlating teams and BLS jobless rates for the past 35 years, or see the data in a colorful Super Bowl infographic. "We're glad to see the unemployment rate is continuing to improve and that it's had a positive impact on the Denver fan base," said RiseSmart CEO Sanjay Sathé. "But there is still more work to be done and more people to be placed into new jobs. That's our goal at RiseSmart, where our approach to outplacement is allowing us to proudly put people back to work 60 percent faster than the national average." About RiseSmart CONTACT: Brittany McLaughlin, 1-972-850-5869, [email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/risesmarts-unemployment-rate-predictor-outperforms-vegas-oddsmakers-as-broncos-defeat-panthers-in-super-bowl-50-300216770.html SOURCE RiseSmart |