State unemployment rates hold steady

By Blake Ellis, staff reporter


NEW YORK (CNNMoney.com) -- The state unemployment picture was little changed in October, with rates holding relatively steady across the country, the government said Tuesday.

A total of 19 states and the District of Columbia posted unemployment rate decreases in October, according to the Labor Department's monthly report on state unemployment. Jobless rates rose in 14 states and were unchanged in 17 states.

That was slightly less of an improvement than in the previous month, when 23 states and D.C. posted lower unemployment rates and 11 states reported higher rates.

But the number of states with jobless rates above 10% has continued to decline, with eight states posting rates above 10% in October, down from 10 states in September.

Nevada suffered the highest level of unemployment for the sixth month in a row at 14.2%. Michigan was second, reporting a rate of 12.8%, and California followed with a 12.4% rate.

North Dakota remained the state with the lowest unemployment, posting a 3.8% rate, followed by South Dakota at 4.5% and Nebraska at 4.7%.

Compared to a year ago, more than half of the nation's states reported lower unemployment. Twenty-nine states and D.C. posted rate declines from the previous year, while 16 states reported increases and five states had no change. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 18,080.14 21.45 0.12%
Nasdaq 5,092.09 36.02 0.71%
S&P 500 2,117.69 4.76 0.23%
Treasuries 1.92 -0.03 -1.54%
Data as of 1:01am ET
Company Price Change % Change
Microsoft Corp 47.87 4.53 10.45%
Apple Inc 130.28 0.61 0.47%
Comcast Corp 59.64 0.41 0.69%
AT&T Inc 34.01 -0.22 -0.64%
Xerox Corp 11.99 -1.15 -8.75%
Data as of Apr 24
Sponsors

Sections

Shares in Italian bank Intesa Sanpaolo dropped sharply Friday after hoaxers claimed its CEO had quit after faking billions in profits. More

The impact of rising immigration on Britain's economy has become a hot topic in the election campaign. More

Stars of Youtube, Vine, Snapchat, and Twitter are attending this year's White House Correspondents' Dinner. More

A Girl Scouts Cookie Oven rolling out to Wal-Mart, Target, Kmart stores this summer will let you bake those iconic thin mints right at home. More