Sunday, March 28, 2010

Lesser States Unemployment in February

This news cast is brought to you by Hush NewS power to express. In the headlines the latest data released by the US Bureau of Labor Statistics.

The latest data released by the US Bureau of Labor Statistics, has shown that the unemployment rate has increased in 27 states as against 30 states in January. The overallunemployment rate for the month of February stood at 9.7 per cent.
This figure has been sustained for two months in a row and that experts believe is a convincing sign. This means that the recovery is actually happening and that there is no more deterioration.
The figures suggest that only seven states have actually seen a drop in the unemployment rate. 16 states have witnessed no change at all.
Michigan was the state that witnessed the highest rate of unemployment for two months in a row. The jobless rate here was 14.1 per cent which was lesser than 14.3 per cent in January.
It was followed by Nevada with unemployment rate of 13.2 per cent, compared to 13 per cent in the previous month. Rhode Island with 12.7 per cent, California and South Carolina with 12.5 per cent each and Florida with 12.2 per cent were the other names in the list.

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