Latest job numbers show no improvement

10 01 2010

The job market is not nearly as hot as it once was. The December unemployment report released Friday shows we’re nearing an unemployment high. Although employers cut 85,000 jobs from payrolls and the unemployment rate was unchanged at 10%, it is just below the 10.8% peak hit in the 1982 recession. The figures dashed hopes that the final month of 2009 would be the first to show jobs being added back to the economy, reported Money magazine. With more than seven million jobs lost in the last two years, no one was looking for major job creation, but the report still contained many depressing numbers. Read more >>.

Minnesota fares better than nation, but not as well as our west side neighbor.

Here in the Twin Cities, we’re lucky. Our unemployment rate is only 7.0%, according to a report released a few days earlier. But if you want to fare even better, go just a tad west. South Dakota sits at a 4.5% unemployment rate and North Dakota at 3.7%. See how we stack up to other states.

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