What to Watch: Unemployment by State

The media keeps close tabs on the national unemployment rate, but that's just a national average. The more important number is close to home. After all, people tend to base their perceptions of the economy on experiences closest to them. That's why state-by-state unemployment numbers are so important to watch.

The map displayed with this article breaks down the unemployment rate for each state, based on the numbers for June that were released last month. Here's an overview of how those numbers shake out:

• A drop in the right direction: 11 states saw decreases in their unemployment rates
• Not out of the woods: 28 states showed increases in their unemployment rate
• Same story: 11 states and the District of Columbia had no change

The bottom line is that the labor markets are not out of the woods yet. So the national and state labor markets will be important to watch in terms of the broader economy...not to mention, your own community.

We would love the opportunity to help you manage your Lake of the Ozarks Mortgage Loan or refinance.  Give me a call at (573) 746-7211 or send me an email at mlasson@fsbfinancial.com with any questions you may have!!

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Michael Lasson

Sr. Residential Mortgage Lender

2140 Bagnell Dam Blvd, Suite 303B

Lake Ozark, MO 65049

Direct:  (573) 746-7211

Cell: (573) 216-7258

Fax:(573) 693-9141

Email:  mlasson@fsbfinancial.com

NMLS #: 493712