Friday, October 21, 2011

The Glass Is Half Full: Jobless rates drop in half of US states

According to the Associated Press’ Christopher S. Rugaber unemployment rates fell in half of U.S. states last month, a sign that September's pickup in hiring was felt around the country.

The Labor Department said Friday that unemployment rates dropped in 25 states, rose in 14 and stayed the same in 11. That's an improvement from August, when unemployment rose in 26 states.

Nevada reported the highest unemployment rate for the 16th straight month. It stayed at 13.4 percent for the second consecutive month. California was next. The rate there fell from 12.1 in August to 11.9 percent. Michigan had the third-highest rate, at 11.1 percent. North Dakota had the lowest unemployment rate, staying at 3.5 percent for the second straight month. Nebraska had the second lowest rate; it fell from 4.3 percent in August to 4.2 percent.

Nationwide, employers added 103,000 net jobs in September, nearly double the number created in August. And the number of people applying for unemployment benefits fell last week to a six-month low..

http://bottomline.msnbc.msn.com/_news/2011/10/21/8430122-jobless-rates-drop-in-half-of-us-states

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