Market Updates
Michigan Leads with 15.2% Unemployment
123jump.com Staff
18 Sep, 2009
New York City
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Michigan led the nation with unemployment rate of 15.2% followed by Nevada, California and Rhode Island. The unemployment rate increased 3.5 percentage points to 9.7% in last one year to August.
[R]5:00 PM New York – Michigan led the nation with unemployment rate of 15.2% followed by Nevada, California and Rhode Island. The unemployment rate increased 3.5 percentage points to 9.7% in last one year to August.[/R]
Michigan led the unemployment across the nation in August with 15.2% followed by Nevada 13.2% rate and California 12.2%. The sharp decline in auto sales has devastated manufacturing jobs in the mid-west.
Of all the states, 27 states showed an increase in unemployment and the number of states with at least 10% rate decreased to 14. The national unemployment increased to 9.7% in August, up 0.3 percentage point from July and 3.5 points from August 2008.
Nevada, California and Rhode Island reported record monthly rates since the data collection began in 1976. Over the year, Michigan led the increase in unemployment followed by Nevada, Oregon and Alabama.
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