CNNMoney: The unemployment rate is falling - in 36 states + DC joblessness fell in November

[Pirate Smile]

NEW YORK (CNNMoney.com) -- The balance has shifted: More states reported declining unemployment in November than posted increases, according to a government report released Friday.

The national unemployment rate improved to 10% last month as joblessness fell in 36 states and the District of Columbia, according to the Labor Department's survey on state unemployment. The rate rose in eight states and held steady in six.

In October, 29 states and the District of Columbia posted month-over-month increases in unemployment. And the national unemployment rate hit 10.2%

Michigan remained the state with the highest unemployment at 14.7%. This is the 12th straight month that the state ravaged by the collapse of the auto industry has posted an unemployment rate above 10%.

Rhode Island had the next highest rate at 12.7%, followed by California, Nevada and South Carolina, each at 12.3%.

North Dakota continued to post the lowest unemployment rate, showing 4.1% in November. It was followed by Nebraska, at 4.5% and South Dakota, at 5.0%.

http://url4.eu/xG9o

[Craftsman]

1. BS.

These people are not employed tey just ran out of unemployment. ANd do nto get me started about those who had good jobs now are working part time for lost less.

[uponit7771]

4. The BLS doesn't factor UE benefits

[no limit]

5. Not really BS. The unemployment rate is what it is, improvement to it is always a good thing.

[WI_DEM]

8. some people around here don't want to hear anything which contradicts

what they believe to be true. Yes, the economy sucks but it is getting better. Could it be a lot better, for sure. But I'll take some good news as well.

[Clio the Leo]

2. lets just hope November's numbers hold into December. NT

[ljm2002]

3. Funny that...

...the unemployment rate is falling here in Nevada, but no one is celebrating. Why? Because the drop is due to people moving out of the state because they couldn't find work.

[progressoid]

6. Wonder if it will last beyond the holiday shopping season.

[WI_DEM]

7. My state of WI wasn't one--rate went up but thankfully it's under 9%

but still too high.