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Friday, August 20, 2010

Jobless Rates Fell in 18 States (Nothing To Do With the Bakken)

According to the Associated Press, the jobless rate fell in 18 states, and rose in 14 states.

For example, in Michigan, the state with the second highest unemployment rate, the rate of joblessness fell from 13.2 percent in June to 13.1 percent in July.

Michigan had held the top spot for unemployment for four years, but this past month Nevada claimed that honor with a jobless rate of 14.3 percent.

Meanwhile, Massachusetts gained 19,200 private sector jobs last month, the largest gain in more than 20 years.

19,200. Well, that's a start. The country has only lost 8 million jobs in this recession.

Meanwhile, for the record, the three states with the lowest unemployment rates were North Dakota, 3.4 percent; South Dakota, 4.4 percent; and, Nebraska, 4.7 percent.

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