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Unemployment falls in three-quarters of US states
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| Contributor | Brandonius Maximus |
| Last Edited | Brandonius Maximus May 20, 2011 10:26am |
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| Category | News |
| Author | JEANNINE AVERSA, Associated Press |
| News Date | Friday, May 20, 2011 04:25:00 PM UTC0:0 |
| Description | WASHINGTON — Unemployment rates fell last month in more than three-quarters of nation's states, evidence that companies are feeling more confident in the U.S. economy.
The Labor Department said Friday that unemployment rates dropped in 39 states in April. That's an improvement from March when 34 states had reported decreases. Rates rose in three states and the District of Columbia. They were unchanged in eight states.
Employers added workers in 42 states. Only eight states and the District of Columbia lost jobs last month.
Nationally, businesses have added more than 250,000 jobs per month, on average, in the past three months. It's the fastest hiring spree in five years. The unemployment rate has dropped nearly a full percentage point since November. Still, it remains very high at 9 percent. |
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