Friday, April 17, 2009

Record Unemployment Rates in California and North Carolina

by Calculated Risk on 4/17/2009 11:26:00 AM

From the BLS: Regional and State Employment and Unemployment: March 2009

Regional and state unemployment rates were nearly all higher in March. Forty-six states recorded over-the-month unemployment rate increases, North Dakota and the District of Columbia registered rate decreases, and 3 states had no change in their rate ...

In March, Michigan again reported the highest jobless rate, 12.6 percent. The states with the next highest rates were Oregon, 12.1 percent; South Carolina, 11.4 percent; California, 11.2 percent; North Carolina, 10.8 percent; Rhode Island, 10.5 percent; Nevada, 10.4 percent; and Indiana, 10.0 percent. Nine additional states and the District of Columbia recorded unemployment rates of at least 9.0 percent. The California and North Carolina rates were the highest on record for those states.
emphasis added, records started in 1976.
Probably more records coming ...