The WSJ Economics Blog, discussing June 2010 unemployment rates by state, uses the headline “Most Regions Show Improvement“* I suppose we should be encouraged by the headline and not look at the text: Washington, DC and 16 states recorded jobless rates in excess of 10%. North and South Dakota continued to have the lowest rates […]

The employment report was basically more of the same and was very discouraging.Even though the headline number reported a large 431,00 increase in employment, most of this was temporary Census jobs. Private employment only increased 41,000, significantly less than in the previous few months. The unemployment rate fell, but that was just as much a […]