State unemployment rates were little changed in September, according to figures released by the Bureau of Labor Statistics on October 22, 2010. Twenty-three states and the District of Columbia saw their unemployment rates decrease, while 11 states registered rate increases, and rates in 16 states remained the same. The national unemployment rate remained unchanged for September, at 9.6%, according to figures released by the Bureau of Labor Statistics on October 8, 2010. Approximately 14.8 million workers are without jobs as the economy continues slow growth. Unemployment has largely held steady in 2010, with a 9.7 percent unemployment rate for the first three months of the year. The aging of the population has driven the unemployment rate down by three full percentage points, even though the unemployment rates for younger and older workers were identical in both periods. The labor force continues to grow each year, along with population increases and continuing immigration (pg. 113). These sources add more than 2 million persons to the labor
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This note was uploaded on 11/02/2011 for the course ECONOMY G123/EC100 taught by Professor Melissa during the Spring '10 term at Rasmussen College.