Nums: How high is your state’s unemployment rate …

Interesting chart from Calculated Risk … plotting the unemployment rat – by state – from high to low.

Here’s the chart … below are some highlights.

 

 

image

 

Highlights:

 

Currently no state has double digit unemployment

… only three states have an unemployment rate above 9: Nevada, Illinois, and Mississippi

… fifteen states above 8%, and

… 24 states are above 7%.

For some of the sand states (largest real estate bubble states), the improvement has been significant.

  • The unemployment rate in California has declined from 10.7% in May 2012 to 8.6% in May 2013.
  • The unemployment rate in Florida has declined from 8.8% in May 2012 to 7.1% in May 2013.
  • The unemployment rate in Arizona has declined from 8.4% to 7.8%, and for Nevada from 11.5% to 9.5%.

I won’t do the Red states, Blue states thing again …

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