7/21/2012

Jobs picture stalling in 10 battleground states

From the WSJ:
The data confirm job growth has sputtered in these states since the winter's brisk pace of job growth. . .
The basic numbers:
Unemployment rose in June in six of 10 battleground states that could play a pivotal role in the presidential election, reflecting job cuts in some cases and weak payroll growth in others. The jobless rate climbed a 10th of a percentage point last month in Michigan, Pennsylvania, Colorado, Iowa, New Hampshire and Virginia, the Labor Department said in a report released Friday. The rate held steady in three other battleground states—Nevada, Florida, and North Carolina. Ohio was the only battleground state where unemployment fell last month. Nevada's 11.6% jobless rate remained the highest of any state in the nation. The rates in North Carolina, at 9.4%, Michigan, at 8.6%, and Florida, also at 8.6%, remained stuck above the national average of 8.2%. Joblessness was far below the national rate in three of the battleground states—Virginia, with 5.7%; Iowa with 5.2%; and New Hampshire, with 5.1%. Employers cut jobs in Colorado, Iowa, Michigan and Nevada. . . .

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