North Carolina led the nation with 12,500 job cuts last month, followed by Massachusetts, with 8,600 layoffs, and Ohio in 7800, the Labor Department figures showed today in Washington. Unemployment increased more in Georgia and Idaho, while workers in Nevada are facing the highest rate in the country at 14.3 percent.
Payrolls fell in 28 U.S. states and the unemployment rate rose to 21, showing most of the world's biggest economy took part in the back in November in the labor market.
The report is consistent with the December 3 figures showed that unemployment rose last month for the first time since August. The commitment of the Federal Reserve to buy an additional $ 600 billion of Treasuries in June and the $ 858,000,000,000 bill passed by Congress extending all the Bush tax cuts-was...