Unemployment Climbed in 30 U.S. States, Fell in Nine (Update1)
The jobless rate climbed in 30 states at the start of 2010,
today’s report showed, signaling the thawing of the labor market
is not broad-based after the loss of 8.4 million jobs since the
recession began in December 2007. Industrial states like
Michigan are benefiting as overseas demand rebounds and
companies including General Motors Co. call back some dismissed
workers.
A government report last week showed the nationwide jobless
rate held at 9.7 percent in February, compared with a projected
increase to 9.8 percent, according to the median forecast of
economists surveyed by Bloomberg News.
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