Payroll declines in 25 states, led by NC

report also showed the jobless rate decreased in 25 states. Nevada continued to lead the nation in unemployment with a rate of 13.4 percent. The economy needs to generate faster sustained job growth to lower unemployment and spur the consumer spending that makes up about 70 percent of the economy. A Labor Department report on Oct. 7 showed employers added 103,000 payrolls last month, almost half of them telecommunications workers returning from a strike, and the jobless rate was 9.1 percent for a third month. “The majority of states will likely continue to grapple with a high unemployment for the foreseeable future as economic activity stagnates,” Anika Khan, an economist at Wells Fargo Securities Inc. in Charlotte, North Carolina, said before the report. “A genuine recovery will not likely begin until employment and income growth stabilize.” After Nevada, the jobless rate was highest in California at 11.9 percent and Michigan at 11.1 percent. The biggest job gains last month occurred in Florida, where employers boosted payrolls by 23,300. Employment in Texas rose by 15,400 workers and increased in Louisiana by 14,100. Over the past 12 months, 47 states gained jobs, while two, Delaware and Georgia, showed a decline. While unemployment remains high, employers will continue to be in a position to screen applicants more thoroughly. Employment checks offer employers the ability to pick and choose between applicants, providing them the chance to ensure that they are making the right hiring decisions. The more people that are unemployed, the more applicants there are applying for each vacancy. Which means employers need a more effective and thorough way to choose who to hire – and this is where employment checks come in. By screening applicants thoroughly, they will be able to hire only the best – the consequence of which will be a more productive and efficient workforce. For more information on employment checks and how you can implement them at your company, reach out to Mind Your Business, Inc. today – we’ll be happy to answer your questions and meet your needs!]]>