Unemployment rates for August increased in 26 states, decreased in 12 states, and 12 states remained the same from July. Year-over-year 42 states and the District of Columbia posted unemployment rate decreases. From July, the national unemployment rate dropped to 8.1%, and was 1.0% lower than August 2011.
Because Housing and Jobs are so closely related, it is important to watch for changing trends in the Unemployment level.
About the Author
Shawn Kaplan is an active, 50 state Licensed loan officer with Access National Mortgage. Email Shawn at firstname.lastname@example.org or call 615-426-3182.
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