The Obama Recovery, Part II: Jobless rate declined in 60% of metro areas in August

[scheming daemons]

http://www.cnbc.com/id/33101730

The August unemployment rate fell in about 60 percent of metropolitan areas from the previous month, as layoffs eased nationwide.

The jobless rate dropped in 232 of 380 metro areas, according to an Associated Press analysis of Labor Department data released Wednesday.

That's an improvement from July, when metro areas were split between those with rising and falling joblessness. It's also much better than in June, when the unemployment rate rose in about 90 percent of metro areas.
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But.... it won't really be a recovery until the jobless rate starts to turn around.

Oh... wait...
;-)

[bluestateguy]

1. All good news

But don't celebrate too soon. We have a looooooooong way to go. George W. Bush did enormous damage to this nation.

[Coyote_Bandit]

2. The unemployment rate is meaningless

It won't really be a recovery until the labor force participation rate starts to turn around AND the economy is creating enough new jobs (pay9ing a living wage) for new work force entrants.