States' Jobs Picture Improves: Behind the Numbers

In a sharp turnaround, most states saw their unemployment rates drop in September.

According to the Bureau of Labor Statistics, 41 states saw their jobless figures decrease, and only six saw them rise. Three report no change at all, including the state with the lowest unemployment rate in the nation, North Dakota, holding steady at three percent.

This is a big change from the month earlier, when most states — 26 — reported an increase in unemployment.

The states with the highest unemployment continue to be Nevada (11.8 percent), Rhode Island (10.5 percent), and California (10.2 percent), but all three figures were down from the month before.

California is adding jobs faster than the national average, and the Golden State has added the most jobs in the country in a year — 262,000.

Read Full Article from CNBC

- Posted: 2012-10-20 23:53:34

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