People who are feeling the sting of an economic recession always want to know "when things will pick up."
Well, stats say "things are picking up."
The North Carolina Employment Security Commission released their October, 2010, Employment Report today.
66 of 100 Counties saw declines in unemployment, with 16 steady, and 18 showing an increase.
The Raleigh Cary Metro area unemployment dropped from 7.6% to 7.3% from September to October, 2010.
Statewide, unemployment in North Carolina was at 9.1% in October 2010, an improvement from September's seasonally-adjusted 9.3%, and a 1.4% improvement over September, 2009's 10.5% NC statewide unemployment rate.
This is how recessions end. Gradually, in the form of trends. Not like flipping a light switch and flooding a room with bright light, but more like daylight creeping in and brightening the room. It's tough to recognize this if one is among those who are without work, and it would be nice if the sun would rise a little faster, but one has to appreciate the trend in the employment statistics.
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