March Employment in Rhode Island: How Worlds Diverge
Watching the employment statistics, as presented by the federal Bureau of Labor Statistics (BLS) from month to month, offers an interesting perspective on how people can develop different understandings of objective reality.
Tracing the unemployment rate, one might think Rhode Island is undergoing a strong recovery. In January 2010, it was 11.9%, and for years the state was among the worst three, periodically claiming the lead spot. This past March, though, the rate was 9.1%, which puts five other states in a worse position.
But viewing the statistics in terms of employment, not unemployment, changes the picture entirely.
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