8 States With an Unemployment Problem
With unemployment rates falling across the United States over the past few years, many have pointed to the statistic as a sign that the economy may be on its way to a recovery. However, others have pointed to the fact that, at over 7 percent, the national rate is still well above the sub-6 percent levels that were seen prior to the 2008 financial crisis.
What’s worse is that the rate remains at crisis levels in many states across the country, according to data from the Bureau of Labor Statistics. The drop in unemployment has been fueled by rates under 4 percent in states such as the Dakotas, where the production of natural resources has opened up a number of job opportunities. For the states that lag behind, though, there is not always an easy path to getting the situation turned around.
With that in mind, let’s take a closer look — using BLS numbers — at the eight states in the U.S. that had the highest unemployment rates this August.