Friday, July 25th12.6°C
22716

Unemployment rates fell in 20 US states last month, while three-quarters added jobs

WASHINGTON - Unemployment fell in 20 states last month and nearly three-quarters of the states added jobs, as the nation at large posted a fourth straight month of solid hiring.

The Labor Department says unemployment rates rose in 16 states and were unchanged in 14 states. Meanwhile, hiring rose in 36 states and declined in 14.

The biggest drops in unemployment rates occurred in Illinois, where the rate fell to 7.5 per cent from 7.9 per cent, and Massachusetts, where it fell to 5.6 per cent from 6 per cent. Georgia reported the largest increase, to 7.2 per cent from 6.9 per cent.

Nationwide, employers added 217,000 jobs in May, the fourth straight month of gains above 200,000. That's the first such stretch since 1999. The unemployment rate remained at 6.3 per cent, matching a five-year low.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX15394.45+0.07
S&P CDNX1011.65-0.58
DJIA17083.80-2.83
Nasdaq4472.107-1.59
S&P 5001987.98+0.97
CDN Dollar0.9294-0.0013
Gold1297.50-7.00
Oil104.30-0.29
Lumber326.00+0.20
Natural Gas3.809-0.038

 
Okanagan Companies
Pacific Safety0.200.00
Knighthawk0.01-0.005
QHR Technologies Inc1.17+0.02
Cantex0.08+0.02
Anavex Life Sciences0.28-0.045
Metalex Ventures0.08+0.01
Russel Metals35.57-0.08
Copper Mountain Mining2.82+0.06
Colorado Resources0.205-0.01
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.19+0.01

 



21623

FEATURED Property
147155433 9196 Tronson Road
10045133 bedrooms
$109,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...

_








Member of BC Press Council


22097