Archive | Labor & Employment

Unemployment Rates Rise in 21 States, Fall in 15

Unemployment rates climbed in 21 states last month, the most significant number of states to report an increase since August, the Labor Department said Friday.

Meanwhile, unemployment dropped in 15 states in November, remaining flat in the remaining 14 states. That makes for the weakest drop since August.

The numbers betray the job market’s struggle to bounce back despite an economic recovery.

The most significant increases in unemployment were in Georgia and Idaho. Georgia racked up a 10.1 percent unemployment rate, up from 9.8 percent, while Idaho’s jobless rate climbed from 9.1 percent to 9.4 percent.

Michigan and Pennsylvania showed the biggest signs of improvement. Michigan’s unemployment rate dropped from 12.8 percent to 12.4 percent, while Pennsylvania’s fell from 8.8 percent to 8.6 percent.

Posted in Finance, Accounting, & Investment, Labor & Employment0 Comments

No Posts in Category