Due to the current recession, there has been huge job cuts in many states. According to this article, it is expected that this job losses would accelerate the U.S. downturn of the economy.
As for Florida, there has been 156,000 jobs cuts over the past 12 months. This has weakened many state industry like housing and construction sector as well as business sector which had lost 47,000 jobs. In addition, district Columbia is facing over 8% of unemployment rate next month.
However, this job losses would not likely to occur in the energy states like Wyoming, South Dakota and Texas. These states currently have the lowest unemployment rates in the nation, around 3%. These states are may not face as much hardship as other states as the main industry demand which is energy is constant.
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