Nevada had the worst rate for the fourth month in a row (with 14.4%, a record high), while Michigan followed with a close 13.1%. California recorded a 12.4% unemployment rate, and rounded out the top three states with the highest rates.
The western states seemed to be hit particularly hard, with its jobless rate rising to 10.8%. For Western states, "nothing really gets better until the housing market stabilizes," said Steve Cochrane, an economist at Moody's Analytics.
Based on the map below, the more red the state, the higher the unemployment rate.
Is there a light at the end of the tunnel? Or will our battle with unemployment rage on?
5 comments:
I feel unemployment will always be a big problem. I mean yeah we have high unemployment right now because of our recession, but it's going to be hard to get out of the slump with more and more teenagers looking for jobs everyday these days. Although businesses are looking for people with more experience it, lots of businesses are hiring teenagers and those teenagers are taking away jobs from people that really need the money. I feel as a teenager we don't need money as much as someone that needs to live and support themselves with that money.
I was talking about this with my barber the other day.
there's always gonna be some kind of job to do. It might be the best job in the world,--You might have a college degree sweeping floors--but there are small jobs out there. you just got to be willing to do them.
If there hiring teenagers, why don't adults who need the money take the job? it's not glamorous, but it'll put food on the table while you find a better one. I usually hear it's ego that keeps the adult unemployed away from jobs that are still being filled by teenagers.
Chances are, the adult will win the job over the teenager, but then again.. if you were an adult, you'd probably think twice.
RAYMOND LIM
I doubt there will be an end to this for at least couple of years. It'll be hard, but we need to wait this out. The housing market needs to stablilize and people need to be more comfortable with spending again. Furthermore, it's shocking to see adults who are in their 40s or 50s working at places like Old Navy when normally they wouldn't. I know from personal experience that it has been TOUGH to get a job in this economy. I understand that companies perhaps choose older people to hire. Hopefully, people will give Obama the chance to save our economy
Hopefully this unemployment problem is just another phase that will end soon, but i do have to agree with christian. Although many teenagers feel they have to have a job, there are a lot of adults who are jobless too and might need it more. I know of parents that are getting laid off and have to deal with the stress of trying to find another job and support their family at the same time. Times are hard, but like i said before, hopefully its just another rough patch.
I am going to have to agree with Christian on this one. Although im pretty sure all of us would like unemployment to just go away for ever...it wont. It will always re-occur in America and around the whole world. Some teens are taking away some jobs from adults because they will work for less money becaue they dont have any experience. Where adults want more money for the amount of experience and work they do and i think that is why teenagers are being hired over adults. But like the other said, if more and more teens look for jobs, its not going to look good for adults...sadly because i think they are the one who need the money most to support their family. That is just my opionin.
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