Unemployment falls in 37 states in May

[one...two...tree 2,762]

by Martin Crutsinger -

Associated Press

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

The unemployment rate fell in 37 states and the District of Columbia, the Labor Department said Friday. Six states, including Arizona, had increases and seven experienced no change. Arizona's rate increased to 9.6 percent from 9.5 percen t in April.

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 now has 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.

Nationally, the unemployment rate dipped to 9.7 percent in May from 9.9 percent in April. But the drop was largely because hundreds of thousands of jobless people stopped searching for work.

A total of 431,000 new jobs were added across the country in May, the biggest gain in a decade. Still, the surge came from 411,000 temporary census jobs. Private-sector job growth slowed significantly.

Big states led all others in job growth. Texas saw a net gain of 43,600 jobs, California was up 28,300 and New York rose by 21,000.

Nevada's jobless rate rose from 13.7 percent in April. That state has been hurt by the collapse in housing and a downturn in tourism.

"Tourism is always one of the areas hardest hit during a recession," said David Wyss, chief economist at Standard & Poor's in New York.

Unemployment in Michigan, a state hurt by the troubles in the auto industry, fell from 14 percent in April. Michigan had had the highest monthly unemployment rate in the country since April 2006.

Wyss said the new report did not show any major changes overall in state trends.

"In general, the band of states between the Mississippi River and the Rocky Mountains are doing relatively well while the worst hit states remain the housing bubble states and manufacturing states around the Great Lakes," he said.

North Dakota continued to have the lowest unemployment rate in the country at 3.6 percent. It was followed by South Dakota (4.6 percent) and Nebraska (4.9 percent).

By region, the West reported the highest regional jobless rate at 10.9 percent, unchanged from April. The Northeast had the lowest rate at 8.9 percent, also the same as the previous month.

Unemployment in the South stood at 9.4 percent in May, down from 9.6 percent in April. The jobless rate in the Midwest was 9.7 percent, an improvement from 10 percent in April.

http://www.azcentral...oyment0619.html

[Pooky 3,804]

Nationally, the unemployment rate dipped to 9.7 percent in May from 9.9 percent in April. But the drop was largely because hundreds of thousands of jobless people stopped searching for work.

And there's the spanner in the works. Exactly how many "hundreds of thousands of jobless people stopped searching for work" to make these statistics look good. The article doesn't put a number to that, so all of the percentages are basically complete junk. Way to go.

[one...two...tree 2,762]

And there's the spanner in the works. Exactly how many "hundreds of thousands of jobless people stopped searching for work" to make these statistics look good. The article doesn't put a number to that, so all of the percentages are basically complete junk. Way to go.

We need another stimulus package. This has largely been a jobless recovery and there is a risk of our economy slipping into another recession if we don't act soon.

[Obama 2012 1,714]

We need another stimulus package. This has largely been a jobless recovery and there is a risk of our economy slipping into another recession if we don't act soon.

No. No. and No. again....

The last stimulus didn't do jack.

I love how the scum bucket Obama goes to Ohio to praise a road project that was already on the book to be funded as normal, the same as the other 9,999 projects he touted from the stimulus.

Guess what though. Regardless, the government spending money and adding to the economy is a NEGATIVE. Positive numbers come from growth in the PRIVATE sector, not the public...

[Ban Hammer 13,395]

We need another stimulus package. This has largely been a jobless recovery and there is a risk of our economy slipping into another recession if we don't act soon.

yup, let's just throw more money at it and hope it sticks this time!

[john & jean 37]

more bullshit propaganda from Obama

[Obama 2012 1,714]

more bullshit propaganda from Obama

Yeah. The biggest sticking point in this article is this line right here:::

A total of 431,000 new jobs were added across the country in May, the biggest gain in a decade. Still, the surge came from 411,000 temporary census jobs. Private-sector job growth slowed significantly.

Edited June 20, 2010 by Paul and Vanessa

[john & jean 37]

Obama is a bullshit artist It is a shame that we will endure another two years with him...

[Ban Hammer 13,395]

Yeah. The biggest sticking point in this article is this line right here:::

A total of 431,000 new jobs were added across the country in May, the biggest gain in a decade. Still, the surge came from 411,000 temporary census jobs. Private-sector job growth slowed significantly.

maybe that other 20,000 is cleaning up the gulf oil spill.......

Edited June 20, 2010 by charles!

[웃 910]

The unemployment rate is released the first Friday of every month. Next release date is a week from Friday which takes us to July 2nd. The data comes out at precisely 8:30am at http://www.briefing....micCalendar.htm . Pretty much sets the tone and direction in the US stock market for the day. During the pre-market futures will usually be flat and then the split second the numbers come out you will either see a spike or a crash. Pretty neat to watch in real-time cause the 'reaction heard around the country' is instant! I don't know how the large institutional traders can digest the numbers that fast (talking about seconds after the release).

Consensus is the national U/E rate will stay at 9.7%.

Edited June 20, 2010 by Lord Infamous

[one...two...tree 2,762]

Consensus is the national U/E rate will stay at 9.7%.

Which is why we need another stimulus package. Many economists believe it's going to be 3 years before we see unemployment numbers drop below 7%.

[mawilson 2,133]

Which is why we need another stimulus package. Many economists believe it's going to be 3 years before we see unemployment numbers drop below 7%.

Which sectors of the economy would you stimulate?

[spookyturtle 9,466]

If Apple made iPhones and iPads here it would stimulate the economy.

[Heracles 417]

I think we can all finally agree with what will help unemployment lower - even vanish. Steven, feel free to jump in at any time but America needs even more illegal aliens. After all, they contribute their 30 cents in tax too right? What more does any country need than illegals?

Edited June 20, 2010 by Booyah!

[Hilarious Clinton 452]

We need another stimulus package. This has largely been a jobless recovery and there is a risk of our economy slipping into another recession if we don't act soon.

You are truly lost.