Posted on 06/21/2009 7:49:23 AM PDT by FromLori
Signs that unemployment pains may be easing in individual US states in April disappeared by May, when jobless rates jumped in 48 states and the District of Columbia, according to data released on Friday.
Michigan again reported the highest jobless rate of 14.1 percent, followed by Oregon, which notched 12.4 percent, its highest on record, the U.S. Labor Department said.
Not only did Michigan hold the highest spot in terms of unemployment, a position it has had since October, but the state also experienced the largest monthly increase in its rate as two American auto behemothsGeneral Motors and Chryslerstruggled.
Michigan has had an unemployment rate of 7.0 percent or higher since April 2007, and broke past 9.0 percent in December.
Oregon, which has seen its rate spike over the last few months, had the largest increase from a year earlier, 6.7 percentage points, the Labor Department said.
The national unemployment rate last month was 9.4 percent, and 18 states recorded rates that were higher. In six states and the District of Columbia rates were greater than 10 percent, meaning that in those states at least one in 10 people does not have a job.
In Nebraska, the rate fell slightly to 4.4 percent from 4.5 percent in April, and in Vermont, the rate remained unchanged at 7.3 percent.
California registered its highest unemployment rate on record, 11.5 percent, and also lost the most jobs, 68,900, of all the states in May.
At the same time, the number of jobs dropped in 39 states, but increased in 11 states and the District of Columbia. California had the largest decrease in positions, 68,900,followed by Florida, which lost 61,000 jobs. Massachusetts gained the most jobs, 4,900.
(Excerpt) Read more at cnbc.com ...
“Hope and change” ... as promised.
Green Shoots - although they didn’t mentioned the Round-Up doing its job.
We'd like to hire more people, however we're facing more taxation, and the economy will further nose dive from the likes of Cap and Trade; and with Obama and the Dems writing laws and regulations, employees are becoming burdens and even liabilities.
So, lay off [x] percent of the workforce.
.
i keep wondering when the unemployed obama voters will realize it’s not “bushes’ fault”.
Can anyone imagine this sort of matter-of-fact reporting were Bush still in the White House? The parade of destitute unemployment victims and tragic one-on-one stories would be before our eyes, 24/7.
Congrats on a very skillful excerpting/editing job. You’re getting better!
9 are doing good.
Thank God Michigan has term limits. If MI voters elect another socialist Rat then it’s time to give the state to Canada.
Nobody that voted for this Failure has anything to complain about.
Pray for America
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