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Friday, November 20, 2009

Unemployment Continues to Rise in Most States

NEW YORK (CNNMoney.com) -- A growing number of states reported rising jobless rates in October, and thirteen states reported unemployment rates above the national average of 10.2%, according to a government report released on Friday.

Overall, jobless rates increased in 29 states and the District of Columbia last month, while they fell in 13 states, according to a monthly Labor Department survey on state unemployment.

In September, 23 states and Washington D.C. reported that their unemployment rates increased, and 14 states had jobless rates above the national average.

Michigan remained the state with the highest rate of unemployment at 15.1%, though that rate was down 0.2 percentage points from September. October was the 11th straight month in which Michigan posted an unemployment rate above 10%. - CNN Story

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