Charting The Economy
15 States Now Have an Unemployment Rate Above 10%
July 20, 2009
The above chart shows the unemployment rate by state for June 2009. The 15 states with an unemployment rate above 10% are shown in red. Michigan has the highest unemployment rate in the country at 15.2%. Remember this is the offical unemployment data which understates the real unemployment picture.
For example, the offical unemployment numbers don’t include individuals that the government believes have dropped out of the labor force (even if they still want a job), or persons working part time for economic reasons (the only type of work they can find).
Most data I have seen on a national level would lead me to believe that an official unemployment rate between 10%-15% really means that at least 20% of the labor force is either unemployed or underemployed.
Data source:
U.S. Bureau of Labor Statistics
Data source:
U.S. Bureau of Labor Statistics
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