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Unemployment rates rose in majority of states

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-16-11 07:08 PM
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Unemployment rates rose in majority of states

WASHINGTON — Unemployment rates rose in a majority of states in August for a third straight month, further evidence that the depressed job market is widespread.

The Labor Department said Friday that unemployment rates increased in 26 states. They fell in 12 and remained unchanged in 12.

Nationwide, the economy added no new net jobs in August, and the unemployment rate stayed at 9.1 percent for the second straight month.

Many employers pulled back on hiring after the economy barely grew in the first half of the year. The economy added an average of just 39,500 jobs per month from May through August, down from an average of 178,500 jobs per month in the first four months of the year. ............(more)

The complete piece is at: http://xfinity.comcast.net/articles/finance/20110916/US.State.Unemployment/



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NightWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-16-11 07:12 PM
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1. You forgot "unexpectantly". Everyone keeps pretending to be surprised about it
Manic recession's a frustrated mess.
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