The rate (just a statistic) is down, the amount people unemployed probably not
For the national number, Nate Silver of fivethirtyeight.com attributes the drop to new census bureau data or people leaving the job force. Not sure if that logic is transferrable to the regional number.
The census data tells us that the rate may have been incorrectly inflated for the last few years and the appearance of a significant drop may be illusory.
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News and meta-news about Charlottesville, VA, since 2001.
The rate (just a statistic) is down, the amount people unemployed probably not
For the national number, Nate Silver of fivethirtyeight.com attributes the drop to new census bureau data or people leaving the job force. Not sure if that logic is transferrable to the regional number.
The census data tells us that the rate may have been incorrectly inflated for the last few years and the appearance of a significant drop may be illusory.