UNEMPLOYMENT UP IN THE U.S.
Payrolls Fall in 27 U.S. States, led by California
Bloomberg – Payrolls decreased in 27 U.S. states in June, led by California and New York, signaling the slowdown in hiring is broad-based.
The U.S. lost 125,000 jobs last month as the government cut temporary workers conducting the 2010 census and private payrolls rose a less-than-forecast 83,000, according to Labor Department figures issued July 2. The data signal companies are becoming reticent to hire as the economy cools.
“Businesses are looking at what’s going on in Europe.”
Record in Nevada
For the second month, Nevada had the highest jobless rate in the country, rising to a record 14.2 percent from 14 percent in May. Data collection began in 1976. Unemployment in Michigan, the second-highest, dropped to 13.2 percent from 13.6 percent.
