Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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

Index Last Change % Change
Dow 18,454.30 -48.69 -0.26%
Nasdaq 5,222.99 -9.34 -0.18%
S&P 500 2,176.12 -4.26 -0.20%
Treasuries 1.57 0.00 0.26%
Data as of 3:05am ET
Company Price Change % Change
Bank of America Corp... 16.19 0.08 0.47%
EMC Corp 28.99 0.32 1.12%
Chesapeake Energy Co... 6.51 0.07 1.09%
Freeport-McMoRan Inc... 10.56 -0.42 -3.83%
Ford Motor Co 12.55 0.08 0.64%
Data as of Aug 30
Sponsors

Sections

Martin Shkreli, the reviled drug company CEO who faces federal criminal charges, nearly doubled his $3 million investment in KaloBios. More

Donald Trump has said he doesn't want to touch Social Security or other entitlements. And his campaign says he'd "protect" it. But a key economic adviser thinks the candidate 'might do something different' if he's elected 'because you have to do something different.' More

Uber has hired on Jeff Jones, formerly chief marketing officer of Target, to serve as president of the company. More

With a veto from Gov. Chris Christie, the "Fight for $15" was dealt a setback in New Jersey. But legislators may sidestep Christie and put the question directly to voters in 2017 as to whether they would like to increase the state's minimum wage to $15. More