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Home / Government / Wis. records 3rd-largest drop in unemployment in Oct.

Wis. records 3rd-largest drop in unemployment in Oct.

By CHRISTOPHER S. RUGABER
AP Economics Writer

WASHINGTON (AP) – An increase in hiring helped lower unemployment rates in 37 U.S. states last month, the latest indication that the job market is slowly healing.

Unemployment rates are now below 7 percent in 23 of the 50 states. According to the Labor Department, rates rose in seven states in October and were unchanged in six.

South Carolina’s rate fell from 9.1 percent to 8.6 percent, the biggest drop. The state gained 7,300 jobs, mostly in hotels, restaurants, education and health care, and government. Alaska and Wisconsin recorded the next biggest declines.

Nationwide, the unemployment rate ticked up to 7.9 percent in October. But it has declined a full point in the past year. Employers added 171,000 jobs and hiring was stronger in August and September than first estimated.

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