Posted on 07/17/2009 7:56:23 AM PDT by Oldeconomybuyer
NEW YORK (CNNMoney.com) -- Michigan became the first state in 25 years to suffer an unemployment rate exceeding 15%, according to a report released Friday by the government.
The state's unemployment rate rose to 15.2% in June. It was the highest of any state since March 1984, when West Virginia's unemployment rate exceeded 15%.
Friday's report from the U.S. Labor Department also showed that unemployment topped 10% in 14 other states and the District of Columbia.
Over the month, jobless rates increased in 38 states and the District of Columbia. Unemployment rates decreased in 5 states and 7 states had no rate change.
(Excerpt) Read more at money.cnn.com ...
Lions Index (LI)
LOL
Things seem to be a little better out there.
We are moving into The Grapes of Wrath mode
I hear you
I sometimes wish I were a renter here so I could just get the hell out and start over.
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