Here’s some low-hanging, pre-Thanksgiving fruit: unemployment falls in 75 percent of US states.
Of course there are 50 states, so each state represents exactly 2 percent and that should be an even number.
As it turns out, unemployment rates fell in 37 of the 50 states last month, or 74 percent.
This, of course, represents a large number of people who have something to be thankful for. I am one of them.
But somewhat paradoxically, the national unemployment rate actually went up in the last month! One possible explanation is that unemployment went down in small states and up in large states, but from eyeballing the data (see the October employment news release from the Bureau of Labor Statistics, which includes the September numbers as well) this doesn’t seem to be true. Dear readers: what’s going on? (This is not a rhetorical question!)