It’s official: Zillow will own Trulia

It’s official: Zillow will own Trulia

"Better agents make for better advertisers"

Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

America’s lost decade; FHA fees drag; Mortgage lending, RMBS slow to a crawl

Here’s why the FHFA is not a fan of principal reduction

Who's going to pay for that?
W S
Lending / The Ticker

Unemployment rate improves across nation

45 states post drops

hiring sign
/ Print / Reprints /
| Share More
/ Text Size+

Unemployment rates fell across America in November, with 45 states and the District of Columbia recording rate decreases from October and five states reporting no changes, the U.S. Bureau of Labor Statistics reported.

In addition, 42 states witnessed unemployment rate drops from the previous year, while seven states and the District of Columbia recorded increases.

As a whole, the national jobless rate fell to 7% from October and was 0.8 percentage points lower than in November 2012.

Nonfarm payroll employment grew in 43 states, falling in only 7 states and the District of Columbia for the month.

California, Texas and Indiana posted the greatest over-the-month increase in employment at 44,300, 28,700 and 25,200, respectively.

Comparatively, the largest over-the-month decrease in employment occurred in Ohio (-12,000), North Carolina (-6,500) and Washington (-6,000).

The West led the nation in the highest regional unemployment rate at 7.6%, compared to the South which recorded the lowest rate at 6.7%. 

Recent Articles by Brena Swanson

Comments powered by Disqus