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.
Read more Business News
- Family condemns RCMP BC
- Child pornography sentencePenticton / S. Okanagan
- Bobbitt hearing continuesPenticton / S. Okanagan
- Inquest into teen's Mill deathVernon / N. Okanagan
|QHR Technologies Inc||1.12||+0.01|
|Anavex Life Sciences||0.191||+0.001|
|Copper Mountain Mining||1.99||+0.05|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.45||0.00|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...