Header Ads

Breaking News

Lockdown States and the Jobless


The Labor Department on Friday reported jobless rates in May for the 50 states, and the news is the greater than usual variation. Some state economies are recovering much faster than others, and the worst performing tend to be those that have imposed the most severe lockdowns.

The national jobless rate was 13.3% in May, but 10 states still have unemployment rates above 15%. From highest down, they are: Nevada (25.3%), Hawaii (22.6%), Michigan (21.2%), California, Rhode Island and Massachusetts (16.3%), Delaware (15.8%), Illinois…

Source link

No comments