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Context of 'August 2009: Unemployment Climbs in 27 US States; California and Nevada at Record Levels'

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May 2008: Jobless Rate Rises in 48 States

Unemployment rates in several states rise to their highest levels since 1976. The states are California, Nevada, North Carolina, Oregon, Rhode Island, South Carolina, Florida, and Georgia. There is also a year-on-year increase in unemployment in all 50 states and the District of Columbia. As in all prior months, Michigan leads the nation with 14.1 percent, up from 12.9 percent in April; Oregon is second with 12.4 percent, up four-tenths of a percent from the previous month. Thirteen other states post rates above 10 percent. In recent months, the manufacturing sectors in Michigan and Rhode Island have been decimated, and Chrysler and GM plant closings in early May are particularly devastating to Michigan. Only Vermont has no change in its rate, while Nebraska’s rate decreases 0.1 of a percentage point to 4.4 percent. Both Nebraska and North Dakota tie for lowest unemployment rates while, nationally, the unemployment rate hits a 26-year high as it rises to 9.4 percent, from 8.9 percent in April. The highest regional jobless rate of 10.1 percent is reported in the West, followed by the Midwest at 9.8 percent. Not since September 1983, when the Midwest posted a 10.1 percent rate, has any region recorded a rate of 10 percent or more. The Pacific and South Atlantic regions also post record highs in May. [CNN News, 6/19/2009]

Timeline Tags: Global Economic Crises

According to the US Labor Department, August jobless rates rise to record highs in California and Nevada; 27 other states see a rise in unemployment as well. Unemployment numbers climb to 12.2 percent in California and 13.2 percent in Nevada. With its unemployment rate rising to 15.2 percent in August, Michigan continues to lead all states, with Rhode Island rounding out the top four states with the highest unemployment since data collection began in 1976. Economists predict that the national unemployment rate will reach 10 percent in 2009, an indication that the recovery will not be led by consumers, although the job market is reportedly showing signs of stabilization, and economic growth may resume in the third quarter. States reporting at least 10 percent unemployment fell from 15 to 14 with Indiana’s rate dropping below the threshold. For a fourth consecutive month, joblessness in the District of Columbia exceeded 10 percent as well, rising from 10.6 percent to 11.1 percent. Nationally, unemployment climbed to a 26-year high, to 9.7 percent. According to Steven Cochrane, director of regional economics at Moody’s Economy.com: “There’s still a fair amount of weakness in some of the larger states. State finances are probably going to be among the last of all the various components of the broad economy to turn around.” Since the recession began in December 2007, the US economy has lost 6.9 million jobs. It is the largest national job loss since the Great Depression.
Jobless Benefits Claims - Ian Shepherdson of High Frequency Economics says first-time unemployment claims have to drop by 100,000 to about 432,000 to be steady with company payrolls. He expects a reasonable decline in first-time claims by next spring. Initial claims categorize those filing their first week of unemployment benefits, while continuing claims reflect those filing each week until the end of their 26-week benefit year. Jobless figures generally do not include those who have moved to state or federal extensions, nor do the figures include those whose benefits have ended. [Bloomberg, 9/18/2009; CNN, 9/24/2009]

Entity Tags: Ian Shepherdson, California, High Frequency Economics, US Department of Labor, Rhode Island, District of Columbia, Moody’s Economy (.com), Nevada, Steven Cochrane

Timeline Tags: Global Economic Crises

Twenty-one states and the District of Columbia join a brief filed by New York Attorney General Eric Schneiderman asking the US Supreme Court to reaffirm Montana’s ban on corporate spending. The brief is in response to an upcoming Court hearing on the Montana Supreme Court’s upholding of the Montana ban, which contradicts the 2010 Citizens United ruling (see January 21, 2010, December 30, 2011 and After, January 4, 2012, February 10-17, 2012, and April 30, 2012). The brief is signed by Schneiderman, a Democrat, and 22 other attorneys general, both Democrats and Republicans. In the brief, Schneiderman writes, “The Montana law at issue here, like many other state laws regulating corporate campaign expenditures in state and local elections, is sharply different from the federal law struck down in Citizens United, and the Court need not revise its ruling in Citizens United in order to sustain the challenged Montana law.” Referring to briefs asking the Court to reverse the Montana high court ruling without a review, Schneiderman writes, “Even if the challenged Montana law were identical to the federal statute struck down in Citizens United—and, as shown below, it is far from identical—disposing of this case on the merits would require a fully considered analysis that takes these constitutional distinctions into account.” The states with Democratic attorneys general include Arkansas, California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Kentucky, Maryland, Massachusetts, Minnesota, Mississippi, Nevada, New Mexico, New York, North Carolina, Rhode Island, Vermont, and West Virginia. States with Republican attorneys general include Idaho, Utah, and Washington. [International Business Times, 5/21/2012; Think Progress, 5/21/2012]

Entity Tags: US Supreme Court, Montana Supreme Court, Eric Schneiderman

Timeline Tags: Civil Liberties

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