Large state. California I’d guess.
This is great though. Another cooked book shows the 7.8% was also b.s.
Ministry of Truth needs to spin a better story next time.
Kalipornia is in such a hole that I can believe that seasonal employment became seasonal no-employment. Their answer is like France’s 75% income tax. Totally backward.
The most likely state is Florida, New York, California, Texas in that order.
Claims dropped by 8 percent. FL and NY have 8 percent of the US pop.
Sensible guess. Big enough to affect national statistics, in enough trouble long enough for enough long-term unemployed to fall off the rolls entirely, or enough have become unemployed that they’re just running out of people to lose jobs. Depending on how you squint at the numbers, the reduction in the newly-jobless rate could be a very bad omen.