Baal-zebub
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Joined: 01 Jan 1970
Posts: 124
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 Posted: Fri May 19, 2006 8:11 pm Post subject: Low Unemployment Rate? Maybe Not In Your State |
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<p>The national unemployment rate stands at 4.7%. Very low and very good for all.</p>
<p>Or is it?</p>
<p>It will depend on which state your small business is located.</p>
<p><a href="http://money.cnn.com/pf/features/lists/state_unemployment/index.html">CNN Money</a> breaks down the unemployment state by state. Here are the bottom states and the DISTRICT OF COLUMBIA, with the highest unemployment,</p>
<blockquote>45 Washington, DC 5.3%
<p>46 OREGON 5.5%</br></p>
<p>47 KENTUCKY 6.0%</br></p>
<p>48 SOUTH CAROLINA 6.5%</br></p>
<p>49 MICHIGAN 6.8%</br></p>
<p>50 ALASKA 7.0%</br></p>
<p>51 MISSISSIPPI 7.9%</blockquote></p>
<p>The states with the lowest unemployment statistics are,</p>
<blockquote>
1 HAWAII 2.6%</br>
<p>2 WYOMING 2.9%</br></p>
<p>3 FLORIDA 3.1%</br></p>
<p>3 VIRGINIA 3.1%</br></p>
<p>5 IDAHO 3.2%</blockquote></p>
<p>My state of Ohio is at 5.0%</p>
<p>Oddly, the country-wide unemployment rate has not pushed wages up. <a href="http://www.npr.org/templates/story/story.php?storyId=5385314">NPR reports</a>,</p>
<blockquote> There are more jobs to be had in the United States so far this year, but that doesn't mean workers are earning more money. Why haven't wages gone up faster? Economists say several factors are at work, including rising energy costs and global competition.</blockquote>
<p>This is a challenge for small business owners: high demand for employees; how to set wages to keep the talented employee.</p>
<p>One factor is your state's individual unemployment rate.</p>
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