Many. The Labor Department concluded that the nation gained 162,000 jobs in March but the unemployment rate has been at a steady rate if 9.7%. However, economists and policymakers expect the nationwide jobless rate to remain elevated for a good time even though job growth is slowly rising.
Sunday, April 18, 2010
Unemployment rises in 24 states
Even though my last post, stated an improvement in the unemployment rate, 11 states recorded jobless rates above the national average and 24 states that posted rates below the national figure in March.
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2 comments:
It is a good thing that President Obama pushed back the deadline to file for extended unemployment benefits that will help more than 200,000 jobless Americans. But on the other hand, it does put more strain on the funds to support jobless people. I wonder if there is any way to apply more of what Sweden does in terms of finding their people jobs rather than depleting funds and paying those that do not have jobs longer unemployment, as it may be an incentive to not work.
The problem isn't that people cannot find jobs, but that those jobs don't exist. We have a larger population than a labor force - which is true of all countries - but I'm not sure Swedish-style reforms would be as useful as another stimulus bill attached to some regulation package.
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