Change in State Unemployment Rates during the Recession
State Unemployment Rates: October 2009
Because the pace of job losses has significantly moderated in recent months, unemployment rates in many states have shown signs of stabilization. In October, 42 states experienced little or no change in their unemployment rates. The remaining eight states (Alaska, Arkansas, Delaware, Ohio, South Dakota, Texas,Utah, and Wyoming), and the District of Columbia posted statistically significant over-the month increases in their jobless rates. Michigan continues to have the highest unemployment rate (15.1 percent) in October followed by Nevada (13.0 percent) and Rhode Island (12.9 percent).
Change in State Unemployment Rates During the Recession
State Unemployment Rates: September 2009
As the pace of job losses has significantly moderated in recent months, unemployment rates in many states have shown signs of stabilization. In September, four states posted statistically significant over-the month decreases in their jobless rates (Minnesota, Ohio, Oregon, and Wisconsin), while only one state posted a statistically significant over-the-month increase in its jobless rate (Illinois). Unemployment rates in the remaining 45 states and the District of Columbia were essentially unchanged over the month. Michigan had the highest unemployment rate (15.3 percent) in September, while North Dakota had the lowest (4.2 percent). Unemployment rates in Nevada (13.3 percent), Rhode Island (13.0 percent), and Florida (11.0 percent) reached series highs.
Change in State Unemployment Rates During the Recession
State Unemployment Rates: August 2009
In the twenty months between December 2007 and August 2009, the economy shed 6.9 million jobs, the national unemployment rate climbed 4.8 percentage points to 9.7 percent, and the unemployment rate rose in every state and the District of Columbia. However, as the pace of job losses has moderated in recent months, unemployment rates in many states have showed signs of stabilization. Four states posted statistically significant over-the month decreases in their jobless rates (Indiana, Colorado, Kansas, and Virginia). Only 6 states, along with the District of Columbia, posted statistically significant over-the-month increases in their jobless rates in August (New Mexico, New Jersey, New York, Oregon, California, and Iowa). Unemployment rates in the remaining 40 states were essentially unchanged over the month. Michigan had the highest unemployment rate (15.2 percent) in August, while North Dakota had the lowest (4.3 percent). Unemployment rates in Nevada (13.2 percent), Rhode Island (12.8 percent), and California (12.2 percent) reached series highs.
Change in State Unemployment Rates During the Recession
State Unemployment Rates: July 2009
In the nineteen months between December 2007 and July 2009, the economy shed 6.7 million jobs, the national unemployment rate spiked 4.5 percentage points to 9.4 percent, and the unemployment rate rose in every state and the District of Columbia. In July, 8 states posted statistically significant over-the-month increases in their jobless rates while 2 states (Minnesota and Vermont) posted statistically significant over-the-month decreases in their jobless rates. Although unemployment rates in the remaining states were essentially unchanged in July, workers across the country continue to experience distressed levels of unemployment. In July, the unemployment rate was 10.0 percent or higher in 15 states and the District of Columbia, and 3 states (Michigan, Rhode Island, and Nevada) had unemployment rates of 12.0 percent or higher.
Map of State by State Unemployment Rates: June 2009
State Unemployment Rates: June 2009
In the eighteen months between December 2007 and June 2009, the economy shed 6.5 million jobs, the national unemployment rate spiked 4.6 percentage points to 9.5 percent, and the unemployment rate rose in every state and the District of Columbia. In June, 12 states and the District of Columbia posted statistically significant over-the-month increases in their jobless rates. Although unemployment rates in the remaining states were essentially unchanged in June, workers across the country continue to experience distressed levels of unemployment. In June, the unemployment rate was 10.0 percent or higher in 15 states and the District of Columbia, and 5 states (Michigan, Rhode Island, Oregon, South Carolina, and Nevada) had unemployment rates of 12.0 percent or higher.
June 19, 2009: State by State Unemployment Map
June 19, 2009: State by State Unemployment Table
In the seventeen months between December 2007 and May 2009, the economy shed 6.0 million jobs, the national unemployment rate spiked 4.5 percentage points to 9.4 percent, and the unemployment rate rose in every state and the District of Columbia. In May, 35 states and the District of Columbia posted statistically significant over-the-month increases in their jobless rates. Although unemployment rates in the remaining states were essentially unchanged in May, workers across the country continue to experience distressed levels of unemployment. In May, the unemployment rate was 9.0 percent or higher in 18 states and the District of Columbia, and 7 states (Michigan, Oregon, South Carolina, Rhode Island, California, Nevada, and North Carolina) had unemployment rates of 11.0 percent or higher.
May 22, 2009: State by State Unemployment Map
May 22, 2009: State by State Unemployment Table
In the sixteen months between December 2007 and April 2009, the economy shed 5.7 million jobs, the national unemployment rate spiked 4.0 percentage points to 8.9 percent, and the unemployment rate has risen in every state and the District of Columbia. In April, four states posted statistically significant over-the-month increases in their jobless rates (West Virginia, Ohio, Rhode Island, and Kansas), while two states recorded statically significant decreases in their unemployment rates (Missouri and Nebraska). Although unemployment rates in the remaining states were essentially unchanged in April, workers across the country continue to experience distressed levels of unemployment. In April, the unemployment rate was 8.0 percent or higher in 23 states and the District of Columbia, and eight states (Michigan, Oregon, South Carolina, Rhode Island, California, North Carolina, Nevada, and Ohio) had unemployment rates of 10.0 percent or higher.
April 2009: State by State Unemployment Map
April 2009: State by State Unemployment Table
Recent employment reports have underscored the severity of the current recession and its toll on the U.S. economy. In the fifteen months between December 2007 and March 2009, the economy shed 5.3 million private sector jobs and the national unemployment rate spiked 3.6 percentage points to 8.5 percent. Workers in many states are experiencing especially distressed levels of unemployment: in March, the unemployment rate was 8.0 percent or higher in 23 states and the District of Columbia, and eight states (Michigan, Oregon, South Carolina, California, North Carolina, Rhode Island, Nevada and Indiana) had unemployment rates of 10.0 percent or higher. Since December 2007, the unemployment rate has risen in every state and the District of Columbia. In fact, the unemployment rate has doubled in ten states (Alabama, Hawaii, Oregon, Indiana, North Carolina, Virginia, Delaware, Florida, Nevada, and Washington) over the past fifteen months.
March 2009: State by State Unemployment Table
Recent employment reports have underscored the severity of the current recession and its toll on the U.S. economy. In the fourteen months between December 2007 and February 2009, the economy shed 4.6 million private sector jobs and the national unemployment rate spiked 3.2 percentage points to 8.1 percent. Workers in many states are experiencing especially distressed levels of unemployment: in February, the unemployment rate was 8.0 percent or higher in 22 states and the District of Columbia, and seven states (Michigan, South Carolina, Oregon, North Carolina, Rhode Island, California, and Nevada) had unemployment rates that exceeded 10.0 percent. Since December 2007, the unemployment rate has risen in every state and the District of Columbia. States with the largest increases are North Carolina and Oregon, where the unemployment rate has jumped 5.7 and 5.5 points, respectively.
March 2009: February State by State Unemployment Chart
March 2009: State by State Unemployment Table
Recent employment reports have underscored the severity of the current recession and its toll on the U.S. economy. In the thirteen months between December 2007 and January 2009, the economy shed 3.9 million private sector jobs and the national unemployment rate spiked 2.7 percentage points to 7.6 percent. Workers in many states are experiencing especially distressed levels of unemployment: in January, the unemployment rate was 8.0 percent or higher in sixteen states, and four states (Michigan, South Carolina, Rhode Island, and California) had unemployment rates that exceeded 10.0 percent. Since December 2007, the unemployment rate has risen in every state and the District of Columbia. States with the largest increases are North Carolina and Indiana, where the unemployment rate has jumped 4.7 points.
Februray 2009: December Unemployment Rates by State
Februray 2009: State Unemployment Rates Chart
Recent employment reports have underscored how seriously the U.S. economy has been affected by the now year-old recession. Since December of last year, the economy has shed 2.8 million private sector jobs and the national unemployment rate spiked to 7.2 percent. Many states have particularly distressed levels of unemployment: the unemployment rate is at or above 10.0 percent in Rhode Island and Michigan, and greater than or equal to 8.0 percent in South Carolina, California, Nevada, Oregon, North Carolina, Indiana, Georgia, Florida, Mississippi, and the District of Columbia. Since December 2007, the unemployment rate has risen in every state and the District of Columbia and by as much as 4.8 points, in the case of Rhode Island.
November 2008: October Payrolls By State
November 2008: October Unemployment Rates By State
November 2008: Median Wages and Unemployment Rates
Recent employment reports have shown that the labor market is seriously distressed. Since December, the economy has shed 1.3 million private sector jobs and the national unemployment rate spiked to 6.5 percent. Many states have recessionary levels of unemployment: the unemployment rate is over 9.0 percent in Rhode Island and Michigan, and greater than or equal to 7.0 percent in California, South Carolina, Nevada, Alaska, Oregon, Ohio, Illinois, Mississippi, Tennessee, North Carolina, Georgia, Florida, and the District of Columbia. In general, the nation has seen lackluster wage and job growth over the economic recovery of the 2000s. Between 2000 and 2007, across the nation, inflation-adjusted wages grew by just 0.3 percent per year, while productivity grew by 2.5 percent per year.
September 2008: Median Wages and Unemployment Rates
Recent employment reports have shown that the labor market is seriously distressed. Since December, the economy has shed nearly one million private sector jobs and the national unemployment rate remained high at 6.1 percent for the second consecutive month. Many states have recessionary levels of unemployment: the unemployment rate is at least 7.0 percent in Rhode Island, Michigan, Mississippi, California, Nevada, South Carolina, Ohio, Tennessee, Kentucky, North Carolina, and the District of Columbia, and above 6.0 percent in Illinois, Alaska, Florida, Georgia, Missouri, Oregon, Indiana, and Connecticut. In general, the nation has seen lackluster wage and job growth over the economic recovery of the 2000s. Between 2000 and 2007, across the nation, inflation-adjusted wages grew by just 0.3 percent per year, while productivity grew by 2.5 percent per year.
July 2008: State Median Wages and Unemployment Rates
Recent employment reports have shown that the labor market is seriously distressed. The economy has lost nearly a half a million jobs since the beginning of the year and the national unemployment rate was at 5.5 percent for the second consecutive month in June. Additionally, many states have recessionary levels of unemployment: the unemployment rate in Michigan, Rhode Island, Mississippi, California, Illinois, Alaska, Ohio, Tennessee, Nevada, Kentucky, South Carolina, and the
District of Columbia is already above 6.0 percent. In general, the nation has seen lackluster wage and job growth over the economic recovery of the 2000s. Between 2000 and 2007, across the nation, inflation-adjusted wages grew by just 0.3 percent per year, while productivity grew by 2.5 percent per year.
June 2008: Median Wages and Unemployment Rates
Recent employment reports have shown that the labor market is seriously distressed. Last month, the national unemployment rate rose a half percentage point – the largest one-month increase since 1986. In general, the nation has seen lackluster wage and job growth over the economic recovery of the 2000s. Between 2000 and 2007, across the nation, inflation-adjusted wages grew by just 0.3 percent per year, while productivity grew by 2.5 percent per year.
May 2008: Airline Passengers Wasted Millions of Hours Due to Delay
Using data from airports in all 50 states, the Joint Economic Committee compiled this table showing airport by airport figures for total airport passengers, passenger delay hours, and average departure delays per passenger. This table can also be found in the JEC report Your Flight Has Been Delayed Again.
Click on airplanes below to see the average delays at your local airports
April 2008: Home Prices Are Down and Families Have Lost Wealth
American families are seeing thier home prices - and household wealth - decline as property values continue to drop. Between 2007 and 2009, home prices have droppped 11 percent and household wealth has declined by more than $2.5 trillion nationwide.
April 2008: Impact of Subprime Foreclosures on Home Equity, Values, & Taxes
The Joint Economic Committee prepared this table using data available through the Mortgage Bankers Association. This chart breaks down the impact the subprime mortgage crisis has had on loss of home equity, loss of property value, and loss of property tax revenue.
March 2008: State by State Foreclosure Analysis
This chart, prepared by the Joint Economic Committee calculates the increase in subprime foreclosures felt in all 50 states and the increase in prime mortgage foreclosures in 48 states.
August 2007: American Families are Losing Ground on Bush's Watch - Income
New estimates by the Census Bureau show that real (inflation-adjusted) median household income increased slightly between 2005 and 2006. From 2000 to 2006, however, real median household income fell by 2.0 percent, with the poorest households experiencing disproportionately large declines even as the richest households saw their incomes rise. Those data confirm that the vast majority of Americans have not benefited from economic growth over the past six years.
August 2007: American Families are Losing Ground on Bush's Watch - Poverty
Each year, the Census Bureau releases new estimates on the number and percent of Americans living in poverty. Under the Bush administration, the number of Americans living in poverty has increased by 4.9 million people. Today, nearly one out of every eight Americans is living below the federal poverty line.
August 2007:American Families are Losing Ground on Bush's Watch - Insurance
Both the number of Americans without health insurance coverage and the uninsured as a percentage of the population rose in 2006, according to the latest estimates by the Census Bureau. The number of people without health insurance is the largest on record and has increased in every year since President Bush took office.
June 2007: UPDATE - Subprime ARM Foreclosures and New Foreclosure Actions
Foreclosures continue to rise across the nation as more and more subprime borrowers’ loans reset to higher rates in a weak housing environment. The Mortgage Bankers Association (MBA) reported that first quarter foreclosure inventory rates for subprime loans in 2007 rose from 4.53 percent to 5.10 percent, or 57 basis points relative to the previous quarter. This represents an 81 basis point increase compared to the first quarter of 2006. According to RealtyTrac, new foreclosure events in May 2007 totaled 176,137, an increase of 19 percent since April and of 90 percent since May 2006.
