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Well so that is where it Isn’t

Unemployment by Region

An interesting breakdown of unemployment trends since the start of the recession from John Silvia, chief economist at Wells Fargo.  John and I met on the set of Nicole Lapin’s old graveyard shift show on CNBC, a smart man and a very nice guy.

Here he is with a deeper dive into the numbers and a pair of charts…

Nationally, 4.8 percent fewer workers are employed than at the start of the recession, but in the West that number is nearly 7 percent compared to almost 3 percent in the Northeast. Stark differences in joblessness also persist; unemployment in the West stands well above the national rate at 10.4 percent, whereas unemployment in the Northeast is notably lower at 8.2 percent.

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