Nevada takes jobless title
For those of you who thought Michigan would forever be the top of the bottom, disappointment in the month of May.
Nevada’s jobless rate has hit a record high. It is now the state with the highest jobless rate. Michigan has held that *cough* distinction for the past four years.
Nevada’s rate climbed to 14%, up from 13.7% in April. Michigan went from 14% in April down to 13.6% in May. Michigan’s rate peaked in December at 14.5%.
During the last year, Nevada has lost a net total of more than 29,000 jobs, and posts the highest percentage increase in unemployment at 2.5%.