The bottom line

Five states see unemployment of 12% or more; Foreigners hold 43% of bonds issued by Treasury in 2009; Higher prices for pumpkins; IPOs make a comeback; IRS extends amnesty program to 15 October

Five states see unemployment of 12% or more

Five states—Michigan, Nevada, Rhode Island, Oregon, and California—posted unemployment rates of 12 percent or more in August. Michigan’s 15.2 percent jobless rate was the highest in the nation. In all, 27 states and the District of Columbia reported that unemployment rose in August.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us