Tuesday, March 13, 2007

Labour Stats:

Regional and State Unemployment 2006 Averages Annual average unemployment rates declined between 2005 and 2006 in 43 states, the District of Columbia, and in all 4 regions. Conversely, employment population rose in 41 states, the
District of Columbia, and in all 4 regions. The U.S. jobless rate fell by 0.5 percentage point to 4.6 percent in 2006, while the national employment-population ratio increased by 0.4 percentage point to 63.1 percent.
Regionally:* The West recorded the largest unemployment rate decrease of -0.6 point* The South and Midwest had unemployment declines of -0.5 and -0.4, respectively* The Midwest and South were the only two regions to register jobless rates significantly different from the nation* The range between highest and lowest regional unemployment rates shifted down to 0.5 percentage point from 0.6 point in 2005. The last time the range was this small was in 1990.
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