Unemployment Rate Fell in 37 States in October

There’s good news to cheer about here on Thanksgiving Eve!

As indicated by USA Today, unemployment rates dropped in 37 states last month even though the national jobless rate rose.

For instance, something is going on in South Carolina since the rate fell from 9.1 percent to 8.6! Next up, Alaska’s rate decreased from 7.5 percent to 7.1 and then Wisconsin’s rate fell from 7.3 percent to 6.9.

On the contrary, the state with the highest unemployment rate is Nevada at 11.5 percent. Coming in second, Rhode Island ranks at 10.4 percent and California at 10.1.

As for the lowest state? That would be North Dakota. It’s in the middle of an oil drilling boom and boasts the lowest rate at an impressive 3.1 percent.

It sounds like things are looking up. According to the piece, the housing market, retail sales and consumer confidence are all experiencing a lift as home prices continue to increase.