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Economy
Unemployment rates rise in 18 US states
2012-06-18
[Iran Press TV] Unemployment rates rose in 18 U.S. states in May, the most in nine months. Increasing unemployment in more than a third of U.S. states is the latest evidence of a weaker job market.

The Labor Department said that unemployment rates fell in only 14 states. That's fewer than the previous month, when rates fell in 37 states. Rates were unchanged in 18 states.

Nationally, the rate rose to 8.2 percent in May from 8.1 percent in April, the first increase in almost a year. Employers added only 69,000 jobs, the fewest in 12 months.

North Carolina reported the biggest loss, shedding 16,500 jobs. It was followed by Pennsylvania, which lost nearly 10,000.

Nevada had the nation's highest unemployment rate, at 11.6 percent, followed by Rhode Island's 11 percent and Caliphornia's 10.8 percent.

Some of the hardest-hit states have seen improvement in the past year. Some of those declines reflect more hiring.

But the lower rates also are a result of more people becoming discouraged and dropping out of the work force. The government only counts people as unemployed if they are actively looking for work.
Posted by:Fred

#8  http://money.msn.com/investing/states-with-fastest-growing-economies

but msn.com just said these 11 states are really on the economic rise...hint, hint, California is on there...LMAO. This could've been the onion.
Posted by: Broadhead6   2012-06-18 13:42  

#7  "Unemployment rates rise in 18 US states"

And Texas isn't one of them.

Gee, wonder why? /sarc
Posted by: Barbara   2012-06-18 13:06  

#6  The CIA was 'surprised' by the collapse of the Soviet Union because they were reading all the official reports that the apparatchiks sent up to the bosses telling the bosses what they wanted to hear. Not much difference here either these days.

On the marginally bright side, these functionaries have self identified for the cleaver when it comes time to cut government.
Posted by: Procopius2k   2012-06-18 11:06  

#5  The unemployment rate is BS.

Just because a person runs out of unemployment benefits, it does not mean they have quit looking for work.

Look at the employment ratios in the US. Currently, the employment ratio is at 63% the lowest since the depression.

If someone would do an accurate count, the real unemployment rate is closer to 30%. Heck I know more people out of work than I do people that work. All of us are college educated professionals and we cannot find work.

It is a disgrace, we are in a depression, the growth rate, as stated by the Department of Commerce is less than the rate of inflation, which is someone would pull out a calculator would find the economy is contracting not expanding.

Posted by: Bill Clinton   2012-06-18 10:54  

#4  no worries, obama has another 25 million green jobs lined up for all the unemployed!
Posted by: chris   2012-06-18 10:28  

#3  Too many confuse the original First Amendment 'free press' with the technology of the times rather than the intent of 'free flow of information' which today's institutional MSM is abjectly against.
Posted by: Procopius2k   2012-06-18 10:19  

#2  Yes, thanks to the MSM shills for Obama and the lefty progressives, we get more accurate news from the internet and other sources.
Posted by: JohnQC   2012-06-18 10:15  

#1  Sad that we have to get such news from Iran.

Of course, it's not "news" here.
Posted by: Bobby   2012-06-18 06:14  

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