Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Thursday, March 12, 2009

Four States See Double-Digit Jobless Rates

WASHINGTON -- Four states � California, South Carolina, Michigan and Rhode Island � registered unemployment rates above 10 percent in January, and the national rate is expected to hit double digits by year-end.

Michigan's jobless rate jumped to 11.6 percent in January, the highest in the country. The second-highest jobless rate was South Carolina at 10.4 percent. Rhode Island was next at 10.3 percent, which marked an all-time high for the state in federal records dating to 1976. California rounded out the top four.

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New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

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