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http://personalmoneystore.com/moneyblog/2009/01/27/unemployment-update-by-your-no-fax-payday-loan-source/ Unemployment rises in all 50 states

Michigan's State Capitol in Lansing
Leaders at the Michigan State Capitol are no doubt scratching their heads over how to help their state, which has the highest unemployment rate in the U.S.

Your no fax payday loan source keeps you updated on the economy.

Well, the States are United on one thing for sure: All 50 states had a higher unemployment rate in December than they did in November. The rate was also higher in all 50 states than it was in December 2007.

The unemployment bureau began recording these statistics in 1976, and it is the first time that every states unemployment went up compared to the previous month. Although payday loan lenders have seen more business during the recession, unemployed workers often cant get payday loans, so no fax payday loan lenders may start seeing fewer customers instead of more as the economy worsens.
A rough Rhode

Michigan and Rhode Island have been hit hardest by the unemployment wave. Rhode Islands unemployment hit 10 percent in December. It is the states highest unemployment rate in three decades. That number, however, only includes people hunting for jobs. It does not include people who left the work force to go back to school or just plain gave up on looking.

Michigans December unemployment rate was 10.6 percent, a 24-year high for the state and the highest in the country. Detroits main industry is car manufacturing, so as the auto industry crumbles, so does Michigans economy. The national unemployment rate is 7.2 percent. To read more on this article please visit... http://personalmoneystore.com/moneyblog/2009/01/27/unemployment-update-by-your-no-fax-payday-loan-source/

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