Shore Capital Management LLC

Friday Aug 19th, the Bureau of Labor Statistics (BLS) released their July 2011 regional and state unemployment rates. With a 0% month over month rate change at 8%, New York ranks 23rd place for state unemployment rates.

Wisconsin and Pennsylvania rank just above NY with 7.8% unemployment rates for both states. Delaware and W. Virginia ranked just below NY with 8.1% rates.  North Dakota and Nebraska are ranked number one and two with unemployment rates of 3.3% and 4.1% respectively.

At the bottom of the rankings are Nevada and California at 12.9% and 12% respectively.  The July national unemployment is 9.1%, down from 9.2% in June.

The seasonally adjusted month over month 0% change of unemployment rate ranks NY in a tied 10th place with 12 other states. Of those 12 other states, only Iowa, Massachusetts, and South Dakota have lower unemployment rates than NY.

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