Unemployment Rate Drops in 37 States, but No Surge in Hiring Seen
Tom Diemer
Correspondent
Posted:
06/18/10
Unemployment dropped in 37 states in May, but the declines may have had more to do with people giving up their job hunting than with any surge in hiring, the Associated Press said.
The Labor Department said six states saw increases in their jobless rates, while seven had no change. Nevada, at 14 percent, replaced Michigan as the state with the highest rate. The news came a day after a report that initial claims for unemployment benefits jumped by 12,000 last week.
In Ohio, where President Obama promoted the benefits of his stimulus package on Friday, the unemployment rate dipped slightly from 10.9 percent in April to 10.7 percent last month.
The Labor Department said six states saw increases in their jobless rates, while seven had no change. Nevada, at 14 percent, replaced Michigan as the state with the highest rate. The news came a day after a report that initial claims for unemployment benefits jumped by 12,000 last week.
In Ohio, where President Obama promoted the benefits of his stimulus package on Friday, the unemployment rate dipped slightly from 10.9 percent in April to 10.7 percent last month.