Friday, August 17, 2012

Jobless Rates Rise in 44 States

http://online.wsj.com/article/SB10000872396390443324404577595341676097440.html?mod=WSJ_hpp_MIDDLE_Video_Top

Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.

The Labor Department said unemployment rates fell in only two states and were unchanged in four.

Unemployment rates rose in nine states that are considered battlegrounds in the presidential election. That trend, if it continued, could pose a threat to President Barack Obama's re-election bid in less than three months.

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