Saturday, May 23, 2009

States with the highest unemployment rate in April-2009

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According the Bureau of Labor Statistics, 21 states saw their unemployment rate decrease in April 2009 vs. March 2009 and 18 states (& Washington DC) saw their unemployment rate increase month-on-month.

The States with the highest rates of unemployment in April include:
  1. Michigan 12.9% (up 0.3pp in the month)
  2. Oregon 12.0% (down 0.1pp in the month)
  3. South Carolina 11.5% (up 0.1pp)
  4. Rhode Island 11.1% (up 0.6 pp)
  5. California 11.0% (down 0.2 pp)
  6. North Carolina 10.8% (same)
  7. Nevada 10.6% (up 0.2pp)
  8. Ohio 10.2% (up 0.5pp)
  9. Indiana 9.9% (down 0.1)
  10. Washington DC 9.9% (up 0.1)
  11. Tennessee 9.9% (up 0.3)
  12. Kentucky 9.8% (same)
  13. Florida 9.6% (down 0.1)

Now in order for the increase/decrease in unemployment rate to be statistically significant in the month it should move by at least 0.3 percentage points---so statistically speaking most of the states were flat March to April---But things definitely got worse in Michigan, Rhode Island, Ohio and Tennessee.

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