From the time US economy is going down jobless rates is also increasing due to the companies that were shutting down and some other reasons. Last recession is a lot better compared today's unemployment rates which is really higher, all over the map.
The 5 States with highest unemployment rates are the ff:
- Michigan
- Rhode Island
- South Carolina
- California and
- Oregon
- The collapse of housing.
- The implosion of the auto industry.
- The meltdown of financial services.
- The exodus of manufacturing.
