The BLS released the monthly state unemployment report and you could almost hear the state cheer echo from Michigan: "Thank goodness for Nevada!"
Nevada claimed the highest unemployment rate mantel in May, at a whopping 14%, followed by Michigan at 13.6%. It was the first time since April, 2006 that a state other than Michigan held the top spot. Jobs, along with housing, are the big hurdles the economy faces and nowhere is that more evident in NV, MI, CA (12.4%) and RI (12.3%). On the last two, at least CA could delight in the Lakers win over the Celtics-there was little to comfort the residents of the Ocean state!
The lowest rates can be found in ND (3.6%), SD (4.6%) and Neb (4.9%).
