State Unemployment Up in Every State in the Union, Wyoming Best, Michigan Worst State
Michigan Surges to 10.6%. Wyoming has lowest unemployment in nation at 3.4%. Rhode Island is the only other state with over 10.0%. California at 9.3% leaves millions of Californians unemployed.
Texas was the only state that recorded a statistically significant year on year increase in the number of people working. Employment increased by 153,000. The largest statistically significant month over month decreases in employment were experienced in California (-78,000), Michigan (-59,000), New York (-54,000) and Illinois (-36,000). Losing states show up in a number of areas for being unattractive to business. See some of our other posts for info on state tax burdens, unionionization rates and attractiveness for business.
If you are looking for a job, the low unemployment states may provide work but you must be careful to understand the kind of industries and work that is available for your skill sets. Most states have differing industries and worker needs. Unemployment for December 2008 is listed below for all 50 states and District of Columbia. The national unemployment rate is now at 7.2%
|45||DISTRICT OF COLUMBIA||8.8|
Source: Bureau of Labor Statistics