Author Topic: Unemployment rates rise in most US states in July  (Read 327 times)

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Offline flowers

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Unemployment rates rise in most US states in July
« on: August 20, 2013, 05:28:39 PM »|mod&par=xfinity

Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs, echoing national data that show the job market may have lost some momentum.

The Labor Department said Monday that unemployment rates increased in 28 states. They were unchanged in 14 and fell in eight states—the fewest to show a decline since January.

Hiring increased in 32 states in July compared with June, the fewest to report job gains in three months. Seventeen states reported job losses. California, Georgia, and Florida reported the largest job gains, while New Jersey and Nevada lost the most.

Nationwide, hiring has been steady this year but slowed in July. Employers added 162,000 jobs, the fewest since March. The unemployment rate fell to 7.4 percent, a 4 1/2-year low, from 7.6 percent.

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