Wednesday, March 10, 2010

Unemployment Rises in 30 states in January

Unemployment numbers increased in 30 states in January, with 30 states reporting an increase, 9 had a rate decrease and 11 were unchanged. Michigan reported the highest unemployment with 14/3%, Nevada with 13%, Rhode Island at 12.7%, South Carolina at 12.6% and California at 12.5%. The rate in California has set a new high as reported by the bureau of Labor.

North Dakota, South Dakota and Nebraska reported the lowest unemployment figures. Over 15 States reported double digit unemployment with 2 others extremely close. Most of these states are heavily populated whereas the states with the lowest unemployment have low populations.

Five states have hit record highs, California, Rhode Island, South Carolina, Florida, Georgia and North Carolina. Nevada and Rhode Island tied their previous highs.

All these figure just show how far we must go to bring back the economy, something not soon to happen unfortunately.

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