Someone Explain If This Is Good News
The Bureau of Labor Statistics’ latest release on unemployment, released just an hour ago, may or may not be good news. It looks like the unemployment rate decreased in 21 states in April and 11 states’ rates didn’t change; only 18 states and the District of Columbia registered rate increases.
But in the same report, the BLS says that employment decreased in 44 states and D.C., with the biggest losses in California, Texas, Michigan, Ohio, and Illinois.
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