Friday, February 27, 2009

Tweet

[IWS] BLS: REGIONAL AND STATE UNEMPLOYMENT, 2008 ANNUAL AVERAGES [27 February 2009]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

REGIONAL AND STATE UNEMPLOYMENT, 2008 ANNUAL AVERAGES [27 February 2009]
http://www.bls.gov/news.release/srgune.nr0.htm
or
http://www.bls.gov/news.release/pdf/srgune.pdf
[full-text, 14 pages]

Annual average unemployment rates rose in 2008 in all 4 regions and
in 46 states and the District of Columbia, declined in 1 state, and
were unchanged in 3 states, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today.  Employment-population ratios
decreased in all 4 regions and in 45 states and the District of
Columbia, increased in 3 states, and were unchanged in 2 states.  The
U.S. jobless rate climbed by 1.2 percentage points over the year to
5.8 percent, while the national employment-population ratio fell by
0.8 point to 62.2 percent.  Most of the deterioration in the labor
market occurred late in the year.

Regional Unemployment

   All four regions posted statistically significant unemployment rate
increases from 2007:  the West (+1.5 percentage points), South (+1.2
points), and Midwest and Northeast (+1.0 point each).  In 2008, the West
and Midwest registered jobless rates, 6.2 and 6.1 percent, respectively,
that were significantly higher than the U.S. rate (5.8 percent), while
the Northeast and South both had rates that were significantly below it,
5.4 and 5.5 percent, respectively.  (See table 1.)

   All nine geographic divisions reported statistically significant
over-the-year unemployment rate increases in 2008:  the Pacific (+1.6
percentage points), South Atlantic (+1.5 points), Mountain (+1.3
points), East South Central (+1.2 points), East North Central (+1.1
points), Middle Atlantic (+1.0 point), New England (+0.9 point), West
North Central (+0.6 point), and West South Central (+0.5 point).  The
Pacific registered the highest unemployment rate in 2008, 6.8 percent,
followed by the East North Central at 6.6 percent.  The divisions
with the lowest jobless rates in 2008 were the West South Central at
4.8 percent, and West North Central at 4.9 percent.  Five divisions
reported jobless rates that were significantly below the national rate
of 5.8 percent in 2008:  the Middle Atlantic, Mountain, New England,
West North Central, and West South Central.  Two divisions--the East
North Central and Pacific--recorded rates that were significantly
higher than the U.S. rate.

State Unemployment

   In 2008, 39 states and the District of Columbia posted statistically
significant unemployment rate increases, while the remaining 11 states
recorded unemployment rates that were not appreciably different from
the previous year, even though some had changes that were at least as
large numerically as the significant changes.  Rhode Island had the larg-
est jump in its jobless rate (+2.6 percentage points).  Florida and
Nevada reported the next largest rate increases (+2.1 and +2.0 percent-
age points, respectively).  Twenty-one additional states and the
District of Columbia recorded increases in their unemployment rates
of at least 1.0 percentage point.  The remaining 15 states with signi-
ficant rate changes experienced increases ranging from +0.4 to +0.9
percentage point.  (See table A.)

AND MUCH MORE...including TABLES....


______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************






<< Home

This page is powered by Blogger. Isn't yours?