Employment News: Little Change in Unemployment Rates, Costs of Hiring Rising

 

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According to the Bureau of Labor Statistics, regional and state unemployment rates did not change very much in the month of October. Twenty-eight state had unemployment rate decreases from September, eleven states and the District of Columbia had increases, and eleven states had no change.

The costs of compensating workers increased by 1.9% for the 12-month period ending September 2013. Health benefit costs increased 2.7%. All of these numbers mean that hiring full-time employees is getting more expensive.

 

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