Business

Unemployment decreased in nine U.S. states in January, rose in 30

interns Contributor

The unemployment rate decreased in nine U.S. states in January and climbed in 30, signaling the thawing of the labor market is not broad-based.

The jobless rate in Michigan showed the biggest drop, falling to 14.3 percent, still the highest in the nation, from 14.5 percent in December, according to figures issued today by the Labor Department in Washington. New York and New Jersey were among eight states where unemployment decreased by a tenth of a point.

Full story: Unemployment Decreased in Nine U.S. States in January – BusinessWeek