Let's Get Moving

In July the nationwide unemployment rate reported by the Bureau of Labor Statistics www.bls.gov was 9.4%. In the old days, if you didn’t have a job you picked up and moved to a place that had jobs. We, at TheFundamentals, are here to help. We have made a list of those states with unemployment rates two full percentage points above the nationwide average, or 11.4%, and a list of those states with unemployment rates two full percentage points below the nationwide average or, 7.4% (many are below 7.0%.) If you live in one of the high rate states, move to a state with a low rate. People have been doing it for centuries. Here are the states:

High Rate States -- 11.4 % plus                                              Low Rate States -- 7.4 % or less

Michigan 15.0 %                                                                        North Dakota 4.2 %
Rhode Island 12.7                                                                      South Dakota 4.9
Nevada 12.5                                                                              Nebraska 4.9
California 11.9                                                                          Utah 6.0
Oregon 11.9                                                                              Wyoming 6.5
South Carolina 11.8                                                                   Oklahoma 6.5
                                                                                                Iowa 6.5
                                                                                                Montana 6.7
                                                                                                Vermont 6.8
                                                                                                New Hampshire 6.8
                                                                                                Virginia 6.9
                                                                                                Hawaii 7.0
                                                                                                New Mexico 7.0
                                                                                                Maryland 7.3
                                                                                                Arkansas 7.4
                                                                                                Kansas 7.4
                                                                                                Louisiana 7.4

There are 6 states over the average, dominated by California and Michigan. 17 states under the average! That’s a lot of choice – southern states, northeast, east, central, west, and even Hawaii. Here is the 800# for U-Haul (1-800-468-4285.) C’mon America. Let’s get moving! It’s an American fundamental.