Not surprisingly the state with the highest unemployment rate is Nevada which comes in with an astounding 12% unemployed. During the housing market boom, many people rushed their for jobs in construction, realty and service industries. However when the market crashed, it left them all jobless and in what I consider to be a horrible town for people without jobs. The town I am speaking of is Las Vegas. The reason I think so, is the temptation to gamble and try to get back what they have lost. The signs are everywhere and when people are down, they might cling to the hope of chance.
The second state with the highest unemployment rate is Rhode Island. I am a bit surprised by this as it never popped up as an industrious state on my radar. It more seems like a place to retire. And maybe that's what many did. Moved to Rhode Island to retire, and when the market took a dive they had to start looking for work again.
California is 3rd but when you measure that against the cost of living, it is just a compounding nightmare. Hopefully we will see signs of a recovery soon. There are always some reports that people claim indicate it's getting better but that is completely false at the moment. We need a new industry and smart spending and investing by our state government to start creating jobs again.
