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Tuesday, November 10th, 2009 | Share
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The American

State of the Stimulus

On Friday, the Labor Department announced that the national unemployment rate rose by 0.4 percentage points to 10.2 percent. This increase is larger than expected for October and represents the highest unemployment level in 26 years. However, this is probably not the end of the unemployment rate’s upward trend. One reason may be that the stimulus funds did not target high unemployment states.

Using numbers from the administration’s website Recovery.org and September 2009 labor force data from the Bureau of Labor Statistics, the chart below plots the number of jobs created for each 100,000 people in every state’s labor force and the corresponding unemployment rate in that state.

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- March 21, 2010 -

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