Topping the nation in unemployment rates are Michigan, with 12.6 percent, and Oregon, with 12.1 percent (jumping from 10.7 percent last year). The next top two are South Carolina at 11.4 percent and California at 11.2 percent.
The Big Three auto companies’ recent financial woes are to blame for the rising unemployment rate in Michigan; a decline in housing (and therefore, lumber, which is Oregon’s major job supplier) is to blame in the Pacific Northwest state.
North Dakota has the lowest jobless rate at 4.2 percent.
Source:
CNNMoney: Oregon And Michigan Push Past 12% Unemployment
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