Summary Box: 42 states lose jobs in August, up from 29 in the previous month
By APFriday, September 18, 2009
Summary Box: 42 states lose jobs in August
STATE OF UNEMPLOYMENT: Forty-two states suffered net job losses last month, up from 29 in July, the Labor Department said. Twenty-seven states saw their unemployment rates rise in August; 16 reported a drop.
GIVING UP: In at least six states, the jobless rate fell, but mostly because unemployed workers gave up their job searches and dropped out of the work force. The states that experienced declines were: Georgia, Ohio, Indiana, Colorado, Kansas and Virginia.
OUTLOOK GLOOMY: The nation’s unemployment rate is expected to peak above 10 percent next year, according to most economists, up from its current rate of 9.7 percent.
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