Tuesday, September 28, 2010

almost 4 years

Just because it is an unmentioned factoid in the various news blurbs on the latest labor force stats for the region...  I should wait until next month to update this when it will work out to be be an even 48 months, but for now it is 47 months since the regional unemployment rate was higher than the national rate. 

The data reflects August, so end of summer data not reflective of folks heading back to schoolyet.  When you consider that educational services remains one of the largest employment sectors in the region, coupled with all the stories of record enrollments and local colleges and universities this year, I would not expect any convergence of the local and national time series in the immediate future. 


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