Where is the last place you want to be if you're hanging onto a job? According to the latest statistics from the Labor Department, that's in Nevada, which now has the highest jobless rate, at 14%. What's bad news for the state is good news for Michigan, which has been at the top of the list for the past four years.
Nevada went from 13.7% in April to to 14% in May, climbing to its highest point since the state started to record jobless data in 1976. Michigan, on the other hand, went from 14% own to 13.6%. Overall, 37 states has higher unemployment rates in May.
For more job news, check out WalletPop's career section. Or watch our video on what it's like to work at Walmart for employment ideas:
What are Penny Stocks
The lucrative and dangerous world of penny stocks.View Course »