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Old 03-27-2009, 06:07 PM   #1
Dantheman62
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Join Date: Sep 2008
Location: So. Cal. U.S.
Posts: 4,205
Default Seven states see jobless rate top 10 percent

WASHINGTON (AP) -- More states logged double-digit unemployment rates in February, with North Carolina and Rhode Island seeing their rates hit record highs.
The U.S. Labor Department's report, released Friday, showed the terrible toll the recession, now in its second year, is having on workers and companies alike.

Seven states have unemployment rates that topped 10 percent last month. That's up from four states in January.

The U.S. unemployment rate, released earlier this month, rose to 8.1 percent in February, the highest in more than 25 years. Economists predict the national jobless rate will hit 10 percent by year end even if the recession were to end later this year as some hope.

Michigan's jobless rate climbed to 12 percent, the highest in the country. South Carolina registered the second-highest at 11 percent and Oregon came in third at 10.8 percent.

North Carolina came in fourth with an unemployment rate of 10.7 percent, the highest there on records dating back to 1976. California and Rhode Island tied for fifth place at 10.5 percent each. That was an all-time high for Rhode Island. The seventh state with a jobless rate above 10 percent was Nevada at 10.1 percent.

Georgia's unemployment rate rose sharply to 9.3 percent, also an all-time high.

http://finance.yahoo.com/news/Seven-...-14767936.html




So I did some figuring on my own using my 2006 Atlas and checking population figures. These are all rounded off figures.

Michigan = 10 million at 12% unemployed = 1,440,000

South Carolina = 4 million at 11% unemployed = 440,000

North Carolina = 8.5 million at 10.7% unemployment = 909,500

Oregon = 3.5 million at 10.8% unemployment = 378,000

California = 35 million at 10.5% unemployment = 3,675,000

Rhode Island = 1 million at 10.5% unemployment = 105,000

Nevada = 2 million at 10.1% unemployment = 202,000

And Georgia = 8.5 million at 9.3% unemployment = 790,500

So the total people unemployed in just 8 states is = 7,900,000

That's basically 8 million people in just 8 states!!!!!! That's serious!!!!
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