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
- The tale of two KegsKelowna - 5:00 am
- Pulp mill owner to pay large fineBC
- BC likes to stay activeKelowna
- First Ebola case in the USWorld
|QHR Technologies Inc||1.27||+0.01|
|Anavex Life Sciences||0.1825||-0.0015|
|Copper Mountain Mining||2.41||-0.01|
|Sunrise Resources Ltd||0.065||+0.045|
|Mission Ready Services||0.32||-0.02|
Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...
Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...
Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...