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General Category => General Discussion => Topic started by: briann on April 20, 2009, 06:54:23 PM
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http://online.wsj.com/article/SB123998769476529637.html
Jobless Rate Climbs in 46 States, With California at 11.2%
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.
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Job Seekers use free computers to search for jobs at the East Bay Works One-Stop Career Center Wednesday in Oakland, Calif.
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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.
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.
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that state is filled with illegals and since a lot of them flood in everyday or die trying it will only get worse.
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Pffffft...11.2%? It's 12.1% here in Oregon. Highest is Michigan at 12.2%.
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briann,
Holy moley, is right!!
It's a disaster.
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Hey brian..what's the chances I get a job in the accounting field in LA?
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Hey brian..what's the chances I get a job in the accounting field in LA?
Well, not too good right now. A lot of companies are leaving town. Unemployment is even HIGHER in the county of L.A. county. I think 14% or something like that.
But if you persevere... anything is possible.
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The economic downturn is gaining traction and momentum. There will be many, many more jobs lost in the future with the California unemployment rate most likely into the teens by the end of the year and over 10% nationwide then as well. I don't even want to think about what it's going to be like by 2012. It's a dire situation that's going to get much, much worse.
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What about Michigan?? My god... 12.6%?? This is unbelievable. I wonder if there will be unrest there.
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Some counties in Washington State have 16% unemployment.
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This is terrible. :o
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Does that also count illegals too?
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Does that also count illegals too?
You know... In recent years... .with California becoming a magnet for illegals with its sanctuary laws.... and with other nearby states being a bit tougher... California has a HUGE surplus of Illegals. And its getting to the point... where Illegals can live off the state..... We pay for their food... their education... and everything short of their housing....
Its an awful situation.
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Does that also count illegals too?
You know... In recent years... .with California becoming a magnet for illegals with its sanctuary laws.... and with other nearby states being a bit tougher... California has a HUGE surplus of Illegals. And its getting to the point... where Illegals can live off the state..... We pay for their food... their education... and everything short of their housing....
Its an awful situation.
Complete insanity. They would rather close the hospitals than deny illegals a food stamp.
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Does that also count illegals too?
You know... In recent years... .with California becoming a magnet for illegals with its sanctuary laws.... and with other nearby states being a bit tougher... California has a HUGE surplus of Illegals. And its getting to the point... where Illegals can live off the state..... We pay for their food... their education... and everything short of their housing....
Its an awful situation.
It's like where are the righteous people of California going to go for health care?
Complete insanity. They would rather close the hospitals than deny illegals a food stamp.