Friday, January 22, 2010

Unemployment rose in 43 states last month

Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago.

The rise in joblessness was a sharp change from November, when 36 states said their unemployment rates fell. Four states -- South Carolina, Delaware, Florida and North Carolina -- reported record-high jobless rates in December.

New Jersey's rate, meanwhile, rose to a 33-year high of 10.1 percent while New York's reached a 26-year high of 9 percent.

Analysts said the report showed the economy is recovering at too weak a pace to generate consistent job creation.

Continue Reading