Monthly job losses cut across 41 states

[NeoConsSuck]

Source: CNN.COM

NEW YORK (CNNMoney.com) -- The number of states suffering monthly job losses more than doubled in September, with Michigan losing the greatest number of jobs, according to a government report released Tuesday.

Private sector and government jobs fell in 41 states and the District of Columbia last month, the Labor Department said. By comparison, only 18 states reported monthly job losses in August.

The widespread job losses are a sign of a recession, said Bob Brusca, an economist at Fact and Opinion Economics in New York.

"You expect to see job losses across the board, across the country," Brusca said.

The numbers released Tuesday underline the grim condition of the nation's job market.

Earlier this month, the Labor Department reported that net payrolls nationwide declined by 159,000 in September, the ninth straight month the U.S. economy has lost jobs. The unemployment rate remained unchanged from the prior month at 6.1%.



Read more: http://money.cnn.com/2008/10/21/news/economy/state_unemployment/index.htm

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Maybe there will be some crumbs left from the bailout money to help unemployed Americans.

[chocolate ink]

1. Unemployment rates

The country has been bleeding jobs for years and for the last 9 months we've had job losses with no new jobs yet the unemployment rate has stayed the same...sure that makes all the sense in the world and 1+1=s3 also.

[Liberal_in_LA]

2. The unemployment rate is gonna soar in the next few months.

[SILVER__FOX52]

3. We've been in a recession for quite awhile....

The bushies have change and manipulated the indicator calculations to the point where they have no meaning. These guys have no shame. They would sell their own mothers to win an election.