by Bill McBride on 5/21/2010 10:00:00 AM
Friday, May 21, 2010
From the BLS: Regional and State Employment and Unemployment Summary
Regional and state unemployment rates were generally little changed or slightly lower in April. Thirty-four states and the District of Columbia recorded unemployment rate decreases, 6 states had increases, and 10 states had no change. ...Click on graph for larger image in new window.
Michigan again recorded the highest unemployment rate among the states, 14.0 percent in April. The states with the next highest rates were Nevada, 13.7 percent; California, 12.6 percent; and Rhode Island, 12.5 percent. North Dakota continued to register the lowest jobless rate, 3.8 percent, followed by South Dakota and Nebraska, 4.7 and 5.0 percent, respectively. The rate in Nevada set a new series high.
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).
Sixteen states and D.C. now have double digit unemployment rates. New Jersey is close.
Nevada set a new series high; California tied the previous record (since 1976).
Posted by Bill McBride on 5/21/2010 10:00:00 AM