Crossborder Insights: A View of North American Unemployment By State/Province – Late 2009
As California’s unemployment rate actually edged up a few more notches to 12.5%, and the overall employment picture in the U.S. continues to be one of cautious optimism (like this CNNMoney article about unemployment claim reductions), Crossborder’s review of North American employment data through the end of December 2009 underscores the broad nature of job-losses throughout this interconnected economy.
Our most-recent CrossborderInsights brief (below) notes:
While last year ended with hopes (and some indications) of an improving economy, nearly 3.5 to 4.0 million jobs were lost within the NAFTA region between the start and end of 2009 – leaving deep scars in state and provincial employment rolls across much of North America…
Download our Crossborder Insights brief here (PDF): 2010Mar07-CInsights-NAFTA-Dec-2009-Unemployment