Tuesday, September 21, 2010

Government Stating That Recession Is Over In U.S While Unemployment Rates Still Sore Higher In 27 States

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NEW YORK (CNNMoney.com) -- The national unemployment rate may have only ticked up slightly in August, but on a state-by-state basis, the jobs picture continues to look a lot more grim in places like Nevada, Michigan and California.

A total of 27 states reported higher unemployment rates in August, nearly double the 14 that saw increases in July, the Labor Department said in its monthly report on state unemployment Tuesday.

While the rate remained at 9.6% for the country as a whole, Nevada, Michigan and California have consistently racked up rates above 12%.

Nevada had the worst rate for the fourth month in a row, at a record high of 14.4%, up from 14.3% in July. Michigan followed with 13.1% unemployment, unchanged from the prior rate, and California was third with a 12.4% rate, an increase from 12.3% in July.

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