Author Topic: Jobless rates rise in January in half of US states  (Read 499 times)

0 Members and 1 Guest are viewing this topic.

Offline mystery-ak

  • Owner
  • Administrator
  • Hero Member
  • ******
  • Posts: 257,508
Jobless rates rise in January in half of US states
« on: March 18, 2013, 10:37:01 AM »
http://www.breitbart.com/system/wire/DA53IBDG0

Jobless rates rise in January in half of US states
AP 3/18/2013 2:33:32 PM

By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON

Unemployment rates increased in half of U.S. states in January from December, as employers nationwide added the fewest jobs in seven months.

The Labor Department says unemployment rates increased in 25 states. They fell in only 8 states and were unchanged in 17.

Nationally, the unemployment rate ticked up in January to 7.9 percent from 7.8 percent in December. Employers added only 119,000 jobs, down from 219,000 in December.

Job gains have since accelerated. Employers added 236,000 jobs in February, and the national unemployment rate fell to a four-year low of 7.7 percent.

In January, California and Rhode Island reported the highest state unemployment rates, at 9.8 percent. The lowest was North Dakota at 3.3 percent. The state has benefited from an oil and gas boom.

Support the USO

Offline Rapunzel

  • Hero Member
  • ****
  • Posts: 71,719
Re: Jobless rates rise in January in half of US states
« Reply #1 on: March 18, 2013, 12:35:11 PM »
It went up here.  Makes me wonder it is DC hiring skewing the numbers?

Offline SouthTexas

  • Hero Member
  • ****
  • Posts: 1,667
Re: Jobless rates rise in January in half of US states
« Reply #2 on: March 18, 2013, 05:45:48 PM »
It went up here.  Makes me wonder it is DC hiring skewing the numbers?

It's the reduction of the overall workforce that drops the "percentage".  Granted there may be some actually retiring and dropping out of the count, but it sure looks funny when the combined hire/drop runs into the red and everyone still celebrates.


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf