2016
6,800 total population
3,400 employable people (roughly 50% of the population are retired or kids)
2,000 Cabela's employees
1,400 non-Cabela's jobs
59% of all jobs are at Cabela's
This is assuming 0% unemployment
2018
500 Cabela's jobs (now 26% of all jobs)
1,400 non-Cabela's jobs (though this could be less if local businesses go under)
New population estimate 3,800
That's going to be tough on small businesses, rentals and home sales.
That town s---ed big time, so glad my parents decided to gtfo of there, so much happier.
The amount of homes for sale in Sidney has increased a lot. I check Zillow for Sidney NE periodically. Last autumn it was approximately 100 homes up for sale. It was like that for a few years. Now it is 143. Who knows how many are Cabelas (ex) employees. As some have pointed out, it will be difficult to make a case for buying into Sidney if the tax base shrinks a great amount.
“Want to move to Nebraska”. That.s funny
I wouldn't say Nebraska as a whole, there are a lot of wonderful places to live, work and raise a family in Nebraska.
It is just that Sidney Nebraska is not one of them. It is not fair to lump the whole of Nebraska with one rotten apple such as Sidney.
He's back, my my Mr. Optimistic long time resident employee welcome back
Did you bring the aluminum foil.
The truth of the matter is the area is in a world of hurt and that is a fact.
As to being a buyer's market there is a kernel of some truth other that that......
The other side of the real estate situation is even though it is a 'buyers' market so to speak is who can and wants to afford the almost ludarcris and criminal real estate taxes that are extorted by the local government.
I understand that you are only wanting to help and provide the only light if optisim to those who hate Sidney and Cabela's /Bass pro.
But truth is truth and facts are facts and all one has to do is drive around our once proud community and see for ones self the plethora of for sale signs and empty residences.
True it might be a buyer's market yet who it left to buy?
What is there to attract people to live here and what is there to keep those who live here, to stay here.
In a single word NOTHING,.
So accuse me I do not care the bitter fact is we as a community as a whole are in a world of hurt.
Many of us decried the situation concerning the almost myopic emphasis on making Cabela's the only focus.
Now it is time to pay the Piper for the shortsighted individuals who help put us in this situation and have now long since left and moved onto greener more lucrative pastures
Please come out if the cold and wake up and look around and see the truth in he situation.
“Want to move to Nebraska”. Thats funny
I’d say the real interesting thing is the amount of houses on market, time of each on market, and selling prices compared to historical.
I’d you want to move to Nebraska, the Sidney is probably one of the best buyer’s markets around!
This is another post to remember a 56 percent unemployment rate corrected to 44 percent. This post would rate up there with the statements that bass pro was buying Cabelas to do away with a competitor and would fire every Cabelas employee when the merger was completed or the post this was an extremely easy merger to complete and it would be done easily in two months. Please remember this site is for entertainment purposes only.
I think your hate for Sidney bass pro and Cabelas andyour wishful thinking on your part is getting the best of you and you are not thinking reasonable.. No your figures and estimates are not facts. As the poster posted the unemployed rate in Sidney was 2,6 percent in January of 2018. Since January a large part of the increase in unemployment is due to the 300 employees offered and accepted of the severance agreement.I know of several of the employees who took the severance and they were not Sidney residence. You leave out the year 2017 entirely in your math. In fact your example i I would say is almost 100 percent wrong. I find it funny you are saying layoffs which occurred in 2016 and 2017 are not included in the unemployment figures until now. I am getting a 8.5 percent unemployment rate in Sidney that is using the January unemployment figures and the 300 employees who took the severance. This is assuming everyone of the 300 employees discussed lived in Sidney and this is also assuming done of the 300 employee had another job or were self employed.
Are the other offices open like Broomfeild and Omaha
So if these numbers are accurate the 1500 Cabela's layoffs would change the unemployment rate from 2.6% to 30%.
It's hard to believe a town with 6800 people could have 5000 in the workforce. That's an really, really high % of the population working.
According to the state website needs updated from January 2018:
Labor force 5,079
Employed 4,948
Unemployed 131
Unemployment rate 2.6%
Very well could be from the same person. Looks like they made a comment, then realized their math was wrong, then made another comment to correct it.
Why is that relevant? Are these not facts and estimates based on facts?
Does anyone on this site think the previous four post on this current subject was not from the same poster?
Of the 500 or so jobs left in Sidney, what is the wage structure?
Since most if not all of the 60K plus salaries are now gone.
Correct that 44% unemployment rate
or if no one left Sidney and you still have 6800 people in town,
you would have a 56% unemployment rate.