State Unemployment Rises As Jobs Picture Gets Worse In 27 States
September 23, 2010: Annalyn Censky / CNN Money via Yahoo Finance – September 21, 2010
The national unemployment rate may have only ticked up slightly in August, but on a state-by-state basis, the jobs picture continues to look a lot more grim in places like Nevada, Michigan and California.
A total of 27 states reported higher unemployment rates in August, nearly double the 14 that saw increases in July, the Labor Department said in its monthly report on state unemployment Tuesday. While the rate remained at 9.6% for the country as a whole, Nevada, Michigan and California have consistently racked up rates above 12%.
Nevada had the worst rate for the fourth month in a row, at a record high of 14.4%, up from 14.3% in July. Michigan followed with 13.1% unemployment, unchanged from the prior rate, and California was third with a 12.4% rate, an increase from 12.3% in July. After Kentucky and Georgia joined the list, 13 states had unemployment rates above 10% in August, as opposed to 11 the previous month.
The jobless rates fell in 13 states, as opposed to 18 that saw decreases in July. Ten states and the District of Columbia had no rate change. North Dakota remained the state with the lowest unemployment, posting a 3.7% rate, followed by South Dakota with 4.5% and Nebraska with 4.6%.
The Tonka Report Editor’s Note: This is the same formula used before WWI and WWII. And where do the jobless turn? The military, as we teeter on the edge of WWIII while the looting continues unabated… – SJH
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Written by Steven John Hibbs
September 23, 2010 at 12:40 pm
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