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Kai Fallon and Kathryn Edwards of the Economic Policy Institute point out that there are six states that are among the top 10 in unemployment, percentage point change in unemployment since 2007, and job loss since 2007.  The hard-hit half dozen: California, Indiana, Michigan, North Carolina, Nevada, and Oregon.  

California, Indiana, Michigan, Nevada, North Carolina, and Oregon. A common theme in many of these states is that manufacturing represents a large part of the state economy. Before the recession began, four of these states (Indiana, Michigan, North Carolina, and Oregon) were well above the national average in terms of manufacturing jobs. As that industry declined, these state economies were unable to shift gears quickly enough and move workers to other jobs. As evidence of this, in these four states manufacturing jobs made up 14.6% of the total jobs, yet represent 41.2% of the total jobs lost since the recession began.

Look at EPI's comparison of unemployment in these six states to the national average:

 

Read the full post from Fallon and Edwards here.  


Posted 05-28-2009 2:55 PM by Graham Griffith
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