Another question for John

[Why?Town]

It's a prime example of not beliveing everything you hear.

That nutjob from Cleveland wants us to believe that our unemployment rate is less than 1/2 of what it was this time last year?

....and even the Youngstown region had its overall unemployment numbers fall by more than half from a year ago.

Of the 150 or so people I am laid off with (from the same company) I only know about 10% that have been able to find work.

[northside lurker]

I can only speculate, but I think the analyst was referring to new job growth vs. job loss.  I believe the same has been true for the U.S. as a whole recently; while unemployment numbers remain high, new job growth has also been happening.

[Towntalk]

John will you please explain this story to us? The other day WKBN-TV reported that unemployment was down, and now this Vindicator story reports that it's up. Who's right and who's wrong?

Vindicator
Valley jobless rate rises again
http://www.vindy.com/news/2010/apr/21/by-grace-wyler/

WKBN
Analyst Sees Economic Growth in Valley
http://www.wkbn.com/content/news/local/story/Analyst-Sees-Economic-Growth-in-Valley/CdY0Dbr3UEGXvcKzRhEq3A.cspx