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Watch out Seattle Seahawks, the New England Patriots are coming for you on Sunday! There’s been some backlash against the Patriots lately, but it’s the reigning champs that have something to prove this time around because the statistics are not on their side (at least not the unemployment statistics). According to a San Jose outplacement firm, RiseSmart, there is a correlation between a lower unemployment rate and the winner of the Super Bowl. RiseSmart examined the unemployment rates for the competing cities in the Super Bowl, dating back 20 years. It found that 80% of the time, the team residing in the city with the lower unemployment rate ended up victorious. In 2007, similar research was conducted by a Federal Reserve employee, the results coinciding with RiseSmart’s findings. What does this mean for Sunday’s game? Let’s take a look at the unemployment rates in Boston and Seattle. According to the Bureau of Labor Statistics, the Boston metropolitan area has an unemployment rate of 4.7%, while the Seattle area tips the scale at 5.1%. Broadening the scope, the unemployment rates for the states of Massachusetts and Washington are 5.8% and 6.2%, respectively. If the correlation holds true, the New England Patriots should win this year’s Super Bowl, although the game will probably be close due to the small margin of difference between the rates. The theory behind this correlation? Some believe that the economic strength of a city affects the region’s overall morale and support for athletic teams. Less stress on the economy gives the fans the freedom to cheer for their local teams, making the Patriots the favorite for Sunday’s game. Looks like New England’s deflated numbers may give them the advantage for Super Bowl XLIX. Stay tuned for the outcome. Let’s go Pats! |
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