14 States Have Double-digit unemployment

The Economic Policy Institute has compiled the latest unemployment rates for the 50 states. 14 are now in double digits. Naturally, Michigan leads with a 14.1% rate. Somewhat surprisingly, Oregon is second at 12.4%, with Rhode Island and South Carolina tied for third at 12.1%. Also somewhat of a surprise: the two states with the lowest unemployment rates are North Dakota and Nebraska (although this may be related to the extensive outmigration experienced by both of these states, leaving their respective labor forces dramatically diminished). The full table is found here.

Remember, unemployment is a lagging indicator, so even if the economy begins to improve this year, expect these rates to continue to climb well into next year.

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