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Vital signs (EDITORIAL)

Vital signs (EDITORIAL)

Mixed economic news for state

Tulsa World
By World's Editorial Writers
Published: 6/22/20102:26 AM
Last Modified: 6/22/20105:20 AM

A series of economic reports last week brought decidedly mixed signs concerning the state's economy.

The state's unemployment rate was up 0.1 percent in May, bad news, but not all that bad. The state's unemployment rate remains the seventh best in the nation.

The number of people who have jobs was up by 5,800, good news, but not all that good. Most of those jobs were temporary federal governments jobs involving the Census. Manufacturing and oilfield jobs remain less than vigorous.

Meanwhile, Oklahomans saw their personal incomes rise on average, up some $100 million in the fourth quarter, good news, but not all that good. Most states saw personal income rising faster and a lot of the growth is due to growth in health and government and military growth, not manufacturing and construction... FULL ARTICLE

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