Which means that when the February numbers are released next week for Mecklenburg County there will be little to no improvement in the jobless rate, possibly an increase. If so, that will mean that local unemployment which is almost 20 percent higher than the national average will be held up as some sort of “model” to emulate when President Barack Obama comes calling on Friday.
Then again, Charlotte Mayor Anthony Foxx actually told local Realtors last week that the because the city-owned airport finished a third runway (?!) happy days are right around the corner — and Foxx was not laughed out of the room. Belief continues to trump logic at every turn.
As ever, keep an eye on the real numbers. The total jobs number for the county. Until it starts to climb, all the bunting and pep rallies in the world do not matter.
