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Jobless Rise in 20 States as Workers Still Laid Off

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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-25-11 11:59 AM
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Jobless Rise in 20 States as Workers Still Laid Off
The unemployment rate rose in 20 states last month as employers in most states shed jobs.

The Labor Department says the unemployment rate rose in 20 states and fell in 15. It was unchanged in another 15 states. That's nearly the same as in November, when the rate rose in 21 states, fell in 15 and was the same in 14.

The report is evidence that the job market is barely improving even as the economy grows. Most economists expect hiring to pick up this year, although the unemployment rate will likely remain high.

Employers in most states didn't add any net new jobs last month. The number of jobs on employer payrolls fell in 35 states in December, the department said. Only 15 states reported gains. Layoffs have slowed dramatically in the past year, but hiring has yet to pick up.

Read more: http://www.cnbc.com/id/41252294
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-25-11 12:02 PM
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1. recommend
and there is the 'state of the union'.
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