Friday, August 17, 2012

Recovery Summer 3: July Unemployment Up In 44 States!

Investor's Business Daily ^ | 08/17/2012 | John Merline

In another sign of the ongoing jobs recession, fully 44 states saw their unemployment rates climb in July, according to state-level data released Friday by the Bureau of Labor Statistics.

As a result, more than three years after the economic recovery officially started under President Obama, 10 states still have jobless rates of 9% or higher.

Nevada's jobless rate, for example, climbed to 12%, New Jersey's rose to 9.8% and North Carolina's edged up to 9.6%.

The states with the highest rates — Nevada, Rhode Island (10.8%), California (10.7%), New Jersey and North Carolina all voted for Obama in 2008.

(Excerpt) Read more at news.investors.com ...

T-Shirt