Unemployment Report
By: RW Special Reports

The numbers are in. Job growth is back and likely to keep going strong. In a recent statement made by Michael Moskow, President of the Federal Reserve Bank of Chicago, business can expect the outlook for jobs to remain strong throughout the end of the year and inflation to remain low. Now that the economy finally has its legs, the next question for recruiters is: What states and regions are experiencing the most growth? In this article we take a look at recent unemployment statistics from the US Department of Labor, Bureau of Labor Statistics to determine what areas of the country have benefited the most (and least) from hiring momentum.

According to the May 2004 unemployment statistics from the US Department of Labor, the southeastern and western states are leading the nation in low unemployment levels and job creation. Colorado, Georgia, Nevada, and North Carolina are among the nation's star performers in job growth. Unemployment rates in these states declined over 18% in the past year and now hover around 4%. Washington State, once the state with the highest unemployment numbers in the country, went from 7.7% to 6.3% unemployment in the past year; an 18.2% improvement. Click here to view a state and regional breakdown of US unemployment statistics.

Read the full article on US unemployment
http://www.RecruitersWorld.com/articles/rw/special/jobgrowth.asp

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