by Ralph Cole, CFA, Executive Vice President of Research
Unemployment numbers are the most firm examples of our country’s economic growth and they have had the most impact on monetary policy as stipulated by the Fed. As you can see in the chart linked below from Bloomberg, the recovery from a jobs perspective varies from state to state. Overall, the workforce picture is improving and we believe the trend will continue to move the economy in the right direction.
Please click here to view the unemployment map. Please note that by clicking on this link you will be routed to a third party website.