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.
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