Wednesday, October 21, 2009

States Report Widespread Job Losses in September

by Bill McBride on 10/21/2009 11:47:00 AM

From the BLS: Regional and State Employment and Unemployment Summary

Twenty-three states and the District of Columbia recorded over-the-month unemployment rate increases, 19 states registered rate decreases, and 8 states had no rate change, the U.S. Bureau of Labor Statistics reported today. Over the year, jobless rates increased in all 50 states and the District of Columbia.
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In September, nonfarm payroll employment decreased in 43 states and the District of Columbia and increased in 7 states.
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Michigan again recorded the highest unemployment rate among the states, 15.3 percent, in September. The states with the next highest rates were Nevada, 13.3 percent; Rhode Island, 13.0 percent; and California, 12.2 percent. The rates in Nevada and Rhode Island set new series highs. Florida, at 11.0 percent, also posted a series high.
emphasis added
State Unemployment Click on graph for larger image in new window.

This graph shows the high and low unemployment rates for each state (and D.C.) since 1976. The red bar is the current unemployment rate (sorted by the current unemployment rate).

Fourteen states and D.C. now have double digit unemployment rates.

New Jersey, Indiana, and Missouri are all close.

Three states are at record unemployment rates: Rhode Island, Nevada, and Florida. Several others - like California, Delaware, North Carolina and Georgia - are close.