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Current Events & Hot Topics Current Events & Hot Topics

Unemployment up in 46 States~

Posted by on Apr. 20, 2009 at 2:16 PM
  • 4 Replies

 

  • APRIL 18, 2009

Jobless Rate Climbs in 46 States, With California at 11.2%

By STU WOO and SUDEEP REDDY

California and North Carolina in March posted their highest jobless rates in at least three decades, as unemployment increased in all but a handful of states during the month, the Labor Department said Friday.

California's unemployment rate jumped to 11.2% in March, while North Carolina rose to 10.8%, the highest for both since the U.S. government began a comprehensive tally of state joblessness in 1976.

The state-by-state employment figures showed only a few states avoiding the deterioration seen nationwide. Unemployment rose in 46 states during the month, and 12 states plus the District of Columbia posted unemployment rates in March that were significantly higher than the 8.5% nationwide figure the government released earlier this month.

The Nation's Unemployed

[map]

March unemployment rates, state-by-state.

The chief economist for California's finance department, Howard Roth, said the state's unemployment rate hasn't been this high since reaching 11.7% in January 1941. The highest level on record in California is 14.7% in October 1940, he said.

California lost 62,100 jobs in March, with Florida next at 51,900 jobs lost, Texas at 47,100 and North Carolina at 41,300, according to the federal figures.

California, the nation's most-populous state, has been hit particularly hard by the housing-market crash. That led to major job losses in the construction and financial industries. "We did it bigger in terms of the housing bubble," Mr. Roth said. "You pay for that by falling farther."

Still, the latest figures offered a "glimmer of hope," he said. March losses were about half the 114,000 jobs shed in February, a sign that the pace of decline in California's job market may be slowing.

Most economists expect job losses across all U.S. nonfarm employers to continue in April at or near the rapid pace seen in March, when 663,000 jobs disappeared.

Getty Images

Job Seekers use free computers to search for jobs at the East Bay Works One-Stop Career Center Wednesday in Oakland, Calif.

Job Seekers use free computers to search for jobs at the East Bay Works One-Stop Career Center Wednesday in Oakland, Calif.

California exemplifies the troubles across America. Teresa Nelson, a 54-year-old public-interest lawyer, has sought work at government or nonprofit agencies since last summer. She has applied for 20 jobs and landed five interviews. "I have a lot of qualifications, lots of experience, but people assume I need a higher salary," said Ms. Nelson, who lives in the San Francisco Bay area. "It's been frustrating."

The federal report showed 48 states and the District of Columbia posted payroll declines in March. Only Mississippi and North Dakota had slight gains of about 300 jobs.

Among states, North Carolina experienced the largest month-over-month percentage drop in payroll employment, about 1%. It was followed closely by Idaho, Minnesota and Washington state, each losing about 0.9%.

Eight states have already seen double-digit unemployment rates, which are calculated on a different survey than payroll numbers. As the economy deteriorates, and job hunters face difficulty finding new work, economists expect joblessness to top 10% nationwide by late 2009 or early 2010.

Michigan, battered by turmoil in the auto industry, reported the highest unemployment at 12.6%. Oregon followed at 12.1%, then South Carolina at 11.4%.

Only North Dakota and the District of Columbia saw unemployment rates decline for the month. Rates remained flat in Georgia, New York and Rhode Island.

http://online.wsj.com/article/SB123998769476529637.html

by on Apr. 20, 2009 at 2:16 PM
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Replies (1-4):
cm08
by on Apr. 20, 2009 at 3:44 PM

Michigan will get higher with today news below.

GM exec says 1,600 will lose jobs in next few days

 By TOM KRISHER, AP Auto Writer Tom Krisher, Ap Auto Writer - 2 hrs 47 mins ago

DETROIT - About 1,600 white-collar workers at General Motors Corp. will lose their jobs in the next few days as the troubled automaker accelerates cost cuts in order to qualify for more government aid.  .................

 

lilyrose73
by on Apr. 20, 2009 at 3:47 PM

But wait... I thought the stimulus was going to save jobs???   It's been months and it's getting worse... 

ColtsFan1912
by Bronze Member on Apr. 20, 2009 at 4:21 PM

Poor MIchigan has been struggling for quite a while now

Quoting cm08:

Michigan will get higher with today news below.

GM exec says 1,600 will lose jobs in next few days

 By TOM KRISHER, AP Auto Writer Tom Krisher, Ap Auto Writer - 2 hrs 47 mins ago

DETROIT - About 1,600 white-collar workers at General Motors Corp. will lose their jobs in the next few days as the troubled automaker accelerates cost cuts in order to qualify for more government aid.  .................



"angels pass me by when I look into your blue eyes. . .To sum it up all in one, I can't help but loving you, reminders of finer things so pure you were sure they would crumble & break, but so beautiful you knew they could not..perfect down to the last eyelash" Element 101.

IhartU
by Gold Member on Apr. 20, 2009 at 6:02 PM

I'm lucky in the fact that where I live in PA is smack in the middle of where three states meet - two of which tax clothing and food and we don't.  Everyone comes from New York and Ohio to shop in our city and there are TONS of retail jobs here.

However, there are still many stores that have closed and are laying people off...

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