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November jobless rates up in 37 states

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-19-08 05:41 PM
Original message
November jobless rates up in 37 states
Source: CNN

By Julianne Pepitone, NEW YORK -- Unemployment rates rose in 37 states and the District of Columbia in November as the recession hammered nearly every job sector, according to a government report released Friday.

The Bureau of Labor Statistics release said five states reported decreases in unemployment, while eight states saw no change. The national unemployment rate rose to 6.7% from 6.5% the previous month and from 4.7% in November 2007.

Over the past year, jobless rates were up in 49 states and the District of Columbia, the report said. Unemployment was unchanged in West Virginia.

"One clear takeaway is that this recession is incredibly broad-based," said Mark Vitner, senior economist at Wachovia Corp. (WB, Fortune 500) "Nearly every industry, almost every region was slammed. The year-to-year decline is sizable, and very few states are seeing growth."


Read more: http://money.cnn.com/2008/12/19/news/economy/unemployment_summary/?postversion=2008121916
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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-19-08 06:09 PM
Response to Original message
1. Only 37? Where are the other 13?
:shrug:
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