Courtesy of Mish.
Unemployment was up in 44 States, down in two states, down in D.C, and unchanged in four others. There has been no improvement nationally this year.
Bloomberg reports U.S. Joblessness Rise Broad-Based as 44 States Show Gain
The jobless rate climbed in 44 U.S. states in July, showing last month’s increase in unemployment was broad based.
Alabama and Alaska registered the worst performance, with joblessness advancing by 0.5 percentage point in each, figures from the Labor Department showed today in Washington. Payrolls grew in 31 states last month, led by California and Michigan.
Unemployment jumped to 8.3 percent in Alabama from 7.8 percent in June, and climbed to 7.7 percent in Alaska from 7.2 percent, today’s report showed. Nevada, where the rate rose to 12 percent from 11.6 percent, remained the state with the highest level of joblessness in the country.
Rhode Island, at 10.8 percent, was second, followed by California at 10.7 percent.
North Dakota had the lowest unemployment rate in the nation, even as it rose to 3 percent from 2.9 percent the prior month.
Two states, Idaho and Rhode Island, showed a drop in their unemployment rates. Joblessness was unchanged in four states.
Unemployment in New York rose to 9.1 percent, the highest since 1983, and payrolls dropped by 3,700 workers.
The jobless rate has exceeded 8 percent for 42 consecutive months, the longest stretch in the post-World War II era.
New Jersey Unemployment at 35-Year High
The New York statistics above tie in nicely with what I said early this morning in New Jersey Unemployment Hits 35-Year High of 9.8%.
National Unemployment Rate
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