Payrolls Fall in 27 U.S. States, Led by California

[marmar]

Payrolls Fall in 27 U.S. States, Led by California (Update2)
By Courtney Schlisserman


July 20 (Bloomberg) -- Payrolls decreased in 27 U.S. states in June, led by California and New York, signaling the slowdown in hiring is broad-based.

Employers in California cut staff by 27,600 workers last month and those in New York reduced employment by 22,500, the Labor Department said today in Washington. Tennessee, Arizona and New Mexico rounded out the five states with the biggest job losses.

The U.S. lost 125,000 jobs last month as the government cut temporary workers conducting the 2010 census and private payrolls rose a less-than-forecast 83,000, according to Labor Department figures issued July 2. The data signal companies are becoming reticent to hire as the economy cools.

“Businesses are looking at what’s going on in Europe and the stock outlook and people are becoming a little more skittish,” Marisa Di Natale, a director at Moody’s Economy.com in West Chester, Pennsylvania, said before the report. “We may see that for a couple of more months until we start to see some real momentum in some sector of the economy.”

Of the top five, declines in government payrolls accounted for more than the entire loss of jobs in California and Arizona last month, today’s report showed. Excluding government agencies, employment would still have dropped in New York, Tennessee and New Mexico. New York employers cut payrolls in a broad range of industries, including finance, manufacturing, and education and health services.

Record in Nevada

For the second month, Nevada had the highest jobless rate in the country, rising to a record 14.2 percent from 14 percent in May. Data collection began in 1976. Unemployment in Michigan, the second-highest, dropped to 13.2 percent from 13.6 percent. ...............(more)

The complete piece is at: http://noir.bloomberg.com/apps/news?pid=20601087&sid=apNF8oKL7EpI&pos=3

[OhioChick]

1. Nice to see that things are looking up. n/t

[marmar]

2. Teehee.....

Someone, no doubt, will try to spin this as a positive.

[OhioChick]

3. Crickets, 'eh? n/t

[Oregone]

4. Its 3D Chessalicious

This is being done on purpose to.......









:shrug:

[taught_me_patience]

5. These numbers are pretty shitty for a "recovery"

I guess that's what happens when you outsource so many jobs. BTW... has the president implimented any policy to slow outsourcing?



....crickets





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