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Unemployment falls in 37 states in May (mainly because people gave searching for work) [View All]

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-18-10 11:34 AM
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Unemployment falls in 37 states in May (mainly because people gave searching for work)
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Source: MSNBC/AP

But most of the declines came as people gave up searching for work

WASHINGTON - A majority of states saw their unemployment rates drop in May. But the widespread declines were mainly because people gave up work searches and were no longer counted.

The Labor Department said Friday that the unemployment rate fell in 37 states and the District of Columbia. Six states had increases and seven saw no change.

Forty-one states and the District of Columbia saw a net increase in jobs. But that reflected national data showing a huge gain because of government hiring of temporary census workers.

Nevada rose to the highest jobless rate in the country, marking the first time in more than four years that Michigan did not hold that distinction. Nevada's rate climbed to 14 percent. Michigan's fell to 13.6 percent.

Read more: http://www.msnbc.msn.com/id/37779938/ns/business-stocks_and_economy/
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