The state unemployment numbers for April were a mixed bag. On a positive note 21 states recorded a month-over-month unemployment rate decrease from March. However, 18 states recorded a month-over-month unemployment rate increase from March. Also, eight states have an unemployment rate above 10%. More troubling is that these eight states account for just over 25% of the U.S. population.
The national unemployment numbers for May come out on Friday. It is likely that this report will show that the national unemployment rate has topped 9% for the first time in more than a quarter century.
Data source:
U.S. Bureau of Labor Statistics
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