Double-Digit Double-Jeopardy
By Paper Money on 03/10/2010 – 9:05 am PSTOne Comment
Today’s Regional and State Employment and Unemployment report showed that in January 15 states and the District of Columbia were experiencing double digit unemployment with a median unemployment rate of 11.2%.
Michigan remained the state with the highest unemployment rate at 14.3% followed by Nevada at 13.0% and Rhode Island at 12.7%.
As you can see from the chart below, since late 2008 states registering double digit unemployment rates have been rising steadily.
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End FREE TRADE, since 1992 China has increased imports from $25 billion to $337 billion, Mexico increased from $39 billion, to $216 billion, Canada went from $8 billion, to $78 billion, and Europe $16 billion to $95 billion. Overall imports to the US have increased $825 billion dollars per year. Where do you think all the jobs when to?