A Super Bowl XLIX Predictor That Works: Team from Metro Area with Lower Unemployment Rate Has 80 Percent Success Rate Over the Past 25 Years
RiseSmart analysis of U.S. Bureau of Labor Statistics data predicts the Seahawks will defeat the Patriots.
SAN JOSE, Calif., Jan. 27, 2015 /PRNewswire/ -- With all the controversy surrounding this year's Super Bowl, everyone from ESPN sportscasters to your neighbor down the street, is weighing in on who will take home the trophy. But a RiseSmart analysis shows that one of the most accurate predictors of Super Bowl success comes from the unlikeliest of sources: U.S. Bureau of Labor Statistics (BLS) unemployment data.
Here's the story:
WHAT: The team whose metropolitan area boasts the lower unemployment rate during the previous calendar year has won 20 of the past 25 Super Bowls – an impressive 80 percent success rate. Based on this correlation, the Seattle Seahawks should defeat the New England Patriots in the Big Game. Through November, the 2014 unemployment rate for the Seattle Metropolitan Statistical Area was 5.3 percent, compared to 5.4 percent for the Boston metropolitan area.
WHY: A case can be made that a fan base with lower unemployment is more likely to attend games, buy team gear, celebrate at sports bars and, ultimately, cheer their team on to victory. By contrast, a metro area that is struggling with high unemployment might have a subtle but insidious effect on its team's morale.
THE DATA: View a news release with a data table correlating teams and BLS jobless rates for the past 25 years, or see the data in a colorful Super Bowl infographic.
WHO: This analysis of employment data and Super Bowl prowess comes from RiseSmart, a leading provider of contemporary career transition solutions. RiseSmart's President and CEO, Sanjay Sathe, is available to discuss the Super Bowl forecast and the impact of employment on pigskin success. Says Sathe: "Never underestimate the power of having a job."
About RiseSmart
RiseSmart is a leading provider of contemporary career transition services that strengthen employer brands, improve retention and re-engage talent. RiseSmart's contemporary approach to outplacement combines personalized services from trained professionals with unmatched technology delivered through a convenient, cloud-based platform. High-performing organizations in more than 40 industries rely on RiseSmart's outplacement solution, RiseSmart Transition, to help former employees find new jobs faster. For more information about how enterprise career management can help you, visit www.risesmart.com.
CONTACT: Brittany McLaughlin, 972-850-5869, [email protected]
SOURCE RiseSmart
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