Economy
4:15 pm
Fri August 17, 2012

Jobless Rates Increase in 44 States in July

Unemployment rates moved higher in 44 out of 50 states last month. The Associated Press reports that is the highest number of states to show an increase in unemployment in more than three years. Analysts say the numbers reflect weak hiring activity across the United States. 

According to the Labor Department, unemployment rates improved  in only two states last month. The jobless rates moved higher in nine states that are considered battleground areas for the 2012 Presidential election, and the AP says that could pose a threat to President Barack Obama's re-election bid in less than three months. 

Monthly job gains this year have been barely large enough to accommodate population growth. The jobless rate in the U.S. is now at the same point it stood at the beginning of 2012.