Unemployment Rate Decreases In 43 States

The unemployment rate fell in 43 states and the District of Columbia last month, according to Labor Department statistics released today, bolstering hopes that a broad-based economic uptick is underway. Just three states – New York, Rhode Island, and Wyoming – saw their unemployment rates increase in November. However, the Economic Policy Institute urges caution, noting that declines in 16 of the 43 states “were in part a reflection of reduced state labor forces, as unemployed workers dropped out of the labor force.” They note that “with states creeping toward recovery, Congress must not pursue policies that reverse those modest gains,” including allowing unemployment benefits and the current payroll tax cut to expire.