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Unemployment, Industry and Foreclosure Rates

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Is the US economy feeling better? Track state and nationwide changes in unemployment rates, jobs by industry, and foreclosure facts for 2009

Unemployment and foreclosure rates


Unemployment rates rose from 2008 to 2009, with the overall unemployment rate rising from 7.3% to a record high of 10%. The increase in unemployment is tied to almost every industry in the country, and because more and more consumers are losing their jobs, foreclosure rates are also on the rise.

Overall foreclosure rates have risen 0.035% from November 2008 to November 2009. Nevada has the highest foreclosure rate–but managed to bring that number down 0.476% from ’08 to ’09–the biggest rate change in the country.

Unemployment rates have increased in Nevada from 8.4% in 2008 to 12.3% in 2009. An increase in unemployment has been tracked in every state in the union from 2008 to 2009:

Almost all industries in the United States have reported a decrease nationally since 2008, averaging 3.5%. Construction has seen a 12.7% decline. Manufacturing has seen a decline of 10.2%. Retail trade has decreased by 3.2%. Financial activities have decreased by 4.3%. Leisure and hospitality is down by 1.2%. Even the government is down by 0.1%. The one industry that has seen an increase in employment is education and health services, which are up by 2.2%.

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