WASHINGTON — Unemployment rates rose in 43 states last month, including Mississippi, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago.
The rise in joblessness was a sharp change from November, when 36 states said their unemployment rates fell. Four states — South Carolina, Delaware, Florida and North Carolina — reported record-high jobless rates in December.
New Jersey’s rate, meanwhile, rose to a 33-year high of 10.1 percent while New York’s reached a 26-year high of 9 percent.
Mississippi's rate rose to 10.6 percent, as some 1.1 million workers were jobless in December, an increase of nearly 3 percent from the previous year.
Analysts said the report showed the economy is recovering at too weak a pace to generate consistent job creation.
“A lot of states that had started to add jobs (in November) gave up those gains in December,” said Sophia Koropeckyj, managing director at Moody’s Economy.com.
Texas and Georgia lost more jobs in December than they had gained the previous month, she noted, while Arizona and South Carolina lost nearly as many as they had gained.
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ReplyDeleteApparently, these guys have not heard the news: the economy IS recovering.
Let's say it together now: THE ECONOMY IS RECOVERING.
Feel better?
my boss just cut me and another person in the ofice from 40 hours down to 8 hours per week...
ReplyDeletewonder if they'll count me as "unemployed" in their statistics......!!
Northeastern Patriot
I'm going to keep posting "This post has been deleted" because I have a lot of time on my hands and no intelligent comments to offer.
ReplyDeleteI suspect as companies and businesses have cut their expenses in the last year or two as much as possible then we will see more layoffs and out-of-business in 2012 and 2011.
ReplyDeleteBarack Hussain Obama, mmmm, mmmm, mmm.
ReplyDeleteBarack Hussain Obama, mmmm, mmmm, mmm.
ReplyDeleteTHE BUSH CRIME FAMILY MMMM, MMMM, MMMM
ReplyDelete6:26 Anyone whose company brings them down to eight hours a week from forty is getting ready to do lay offs. That's what happened at my workplace and the managers denied it. A couple of weeks later we were all laid off.
ReplyDelete2:42.....you're prob. right... i made it through 3 different lay offs in the last 2 years...i'm in the "luxury" end of the construction industry. and it's not looking good.... the owner of the company is just an average Joe with a good heart... sux to see him strangled by this repression. WOW, did he ever change his tune from summer of 2008 from supporting all the HOPE and change to now.... daily he cusses out the big O for whats being done to the private sector in this USofA.... i think 2010 will be known as the beginning of the long emergency, as JHK puts it.... :(
ReplyDeleteI love Obama.
ReplyDeleteObama is the man.
Long live Obama!
According to me the economic depression is the side effect of the drug named Bush and the remedy for it is Obama. Hope he maintains the respect he deserves.
ReplyDeleteI love the "Obama is better than Bush" calls.
ReplyDeleteFine, Bush sucked...I agree.
But has anything of any real significance changed over the past year?
Yeah, he's a much better speaker...but we're still cranking up the war effort - with what appears to be no end in sight, tax payers continue to get bent over by special interests - perhaps even to a worse degree, and the lunacy in our fiscal/monetary policy is still present.
It all adds up to just more broken promises...so far...maybe that will change at some point.
Sure, the Obama administration inherited quite a mess, but so far nothing has really changed for the better.
At this point, anyone who continues to proclaim "at least he's better than Bush, Bush was the devil" etc., etc., is admittedly setting the bar so low that any praise they have for the current President is absolutely meaningless.
It's like claiming that having all of your fingernails ripped off at one time is "better" than having them slowly pulled off one-by-one.
9:11.....ur a fool....pull your pants up, turn your hat on straight and go finish filling out your section 8 application so it gets in on time.... dont wanna be L8 for more handouts, you leech on society.....
ReplyDelete