And, the status of the economy is?

By
Real Estate Agent with Highland Realty

Some States Hit Record High Unemployment

The Labor Department has released January unemployment figures and has revealed record jobless rates in five states including South Carolina (12.6%), California (12.5%), Florida (11.9%), North Carolina (11.1%), and Georgia (10.4%).

Nine states saw a decrease in unemployment. Eleven states saw no change, and the other thirty experienced an increase in the jobless rate in January. The states with the highest rates overall are Michigan, Nevada, Rhode Island, South Carolina, and California.

The states with the lowest unemployment rates are North and South Dakota, and Nebraska. States with strong overseas exports seem to be seeing a rebound in employment, while much of the rest of the country is frozen in place or continuing to decline.

Regardless of who you read or believe, we're not out of the (R) woods yet.

 

Dave Rosenmarkle

Broker/Owner

Highland Realty

Arlington, VA  22207

703-538-2566

davidrose@mris.com

www.HighlandAgents.com

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Ambassador
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

HA!  Not only are we not out of the woods yet, I believe that the folks drinking the "Rebound Kool-Aid" will be sorely disappointed. 

Would that I could be proven wrong.

Mar 22, 2010 05:03 AM #1
Rainer
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Diane Williams
Pell City, AL

The figures are scary to read.  When will this end and we start seeing light? The thirty states with an increase in unemployment is such a huge number.

Mar 22, 2010 05:15 AM #2
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Dave Rosenmarkle

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