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Twenty-two states recorded unemployment rate decreases, 16 states posted increases, and 12 were...
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Friday, January 18, 2:03 PM ETTwenty-two states recorded unemployment rate decreases, 16 states posted increases, and 12 were unchanged, the BLS reports. Y/Y, 42 states registered decreasing unemployment rates, six states had increases, and two had no change. Nevada and Rhode Island again posted the highest unemployment rates, at 10.2%. North Dakota again boasted the lowest jobless rate, 3.2%.
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A few people maybe, but it isn't that hard to spot the trend and ignore the noise. The employment picture is improving, without regard to how it's also changing. That's not meaningless, it's just not the meaning you want, which is not the same thing.
Look at it this way, even a badly botched recovery is a recovery. So is a delayed recovery, or a weak recovery, and so on. What we're seeing is the long, slow, weak recovery is starting to pick up steam, not in a very dramatic way, but we're seeing an almost continuous stream of moderately good news in the last few months.
We see it in housing, employment, state government revenues, and soon the Federal budget deficit. There's no statistical funny business going on, and no funny business could obscure the larger picture anyway. The big bad conspiracy to defraud the American people with funny numbers is a complete waste of time for all non-conspiracy buffs. On that note, I'm outta here....:-)