Friday, September 18, 2009

MORE UNEMPLOYMENT THOUGHTS

AP: 42 States See Jobless Claims in August, Up by 13 One Month Earlier
Subhead: The Labor Department reports that 27 states saw their unemployment rolls increase in August, and 14 states and Washington D.C., reported unemployment rates of 10 percent or higher.

Job losses continue; some people give up
Georgia and Ohio reported the third and fourth-highest job losses, respectively, but their unemployment rates both fell as many of the unemployed dropped out of the work force. Once unemployed people stop looking for work -- some, for example, may return to school -- they are no longer included in the jobless rate.

The four states with the largest drops in their unemployment rates -- Indiana, Colorado, Kansas and Virginia -- experienced similar trends: thousands of jobless workers gave up on their searches and left the work force. None of those states actually added any jobs, according to a survey of employers.
AND job increases, [red bolding mine]
Still, only eight states added jobs in August on a seasonally adjusted basis, according to employer surveys used by the U.S. Labor Department. North Carolina added the most, with a gain of 7,000, followed by Montana with 5,100 and West Virginia with 2,800.

The biggest gains in North Carolina and Montana were in government jobs, while West Virginia saw the most improvement in education and health services.
Public sector jobs. Paid for by Stimulus money borrowed from China.

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