Unemployment rates fell in 29 US states in February as hiring picks up
WASHINGTON - Unemployment rates fell in most states in February and two-thirds of the states reported job gains, evidence that most of the country is benefiting from slow but steady improvement in the job market.
The Labor Department says unemployment rates dropped in 29 states, rose in 10 and was unchanged in the remaining 11. Meanwhile, hiring rose in 33 states and fell in 17.
The rate declines occurred even though unemployment rose nationwide, to 6.7 per cent from 6.6 per cent. That increase occurred partly for a good reason: more Americans began looking for work, though most weren't immediately hired. But the fact that they started looking suggests they were optimistic about their prospects.
Employers added 175,000 jobs nationwide in February, close to the average monthly gains of the past two years.
Read more Business News
- Man hospitalized after assaultKelowna - 11:12 am
- Sun linebacker Fernandez deadBCFC - 11:45 am
- Suspicious fire near OliverPenticton / S. Okanagan - 11:10 am
- Kelowna woman killed in AB.Canada - 9:30 am
|QHR Technologies Inc||1.32||+0.07|
|Anavex Life Sciences||0.2261||-0.01|
|Copper Mountain Mining||2.68||-0.05|
|Sunrise Resources Ltd||0.02||-0.005|
|Mission Ready Services||0.30||+0.01|
There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...
Part 1 of 2 Photo: Thinkstock.com1. Move in with your parents or in-laws Explain that you're thinking strategically in moving back home. The quickest way to get into the housing market is to ma...
Article written by Linda Bustos Though I’d never recommend “lowest prices” as a unique selling proposition, I notice many retailers use a Price Match Guarantee or even a 110% Guara...