… as seen here.
But … “Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs.”
Regional and state unemployment rates were little changed in July.(*) Twenty-eight states and the District of Columbia had unemployment rate increases, 8 states had decreases, and 14 states had no change, the U.S. Bureau of Labor Statistics reported today. Thirty-six states and the District of Columbia had unemployment rate decreases from a year earlier, nine states had increases, and five states had no change. The national jobless rate edged down to 7.4 percent from June and was 0.8 percentage point lower than in July 2012.
The states with increases included a lot of biggies (those larger than 0.1% detailed): California — 8.5% to 8.7%; Georgia — 8.5% to 8.8%; Illinois; Maryland; Massachusetts (7.0% to 7.2%); Missouri (6.9% to 7.1%); North Carolina; Virginia (5.5% to 5.7%).
The only large state with a downward move I saw i a quick scan was New Jersey (8.7% to 8.6%).
Texas? It held steady at 6.5%.
Overall, this is really not good.
(*) – Horse manure alert.