The 10 places with the fastest economic recovery in the United States

The 10 places with the fastest economic recovery in the United States "Alberta Times" Since the United States experienced the Great Depression, it has entered the fifth year. Although the economic recession started in June 2009...

The 10 places with the fastest economic recovery in the United States "Alberta Times" It has entered the fifth year since the Great Depression in the United States. Although the economic recession officially ended in June 2009, the United States' economic recovery still has a long way to go. At least the unemployment rate is still much higher than the pre-recession level. In November 2007, a month before the recession, an estimated 7.3 million people were unemployed in the United States, when the national unemployment rate was 4.7%. In October 2009, the national unemployment rate was 10%, with about 15 million unemployed people. As of November 2012, the national unemployment rate was 7.7%, with 11.3 million people still unemployed. "24/7 Wall Street" looks back at the unemployment rate in the 50 U.S. states in recent years, taking into account unemployment conditions before the recession, at its peak, or now. While changes in the number of unemployed people can reflect economic growth or stagnation, the unemployment rate can also be misleading. With that in mind, there are other factors to consider when analyzing state economic recoveries over the past five years. Some states have slowly bounced back, adding hundreds of new jobs and reducing unemployment. Several states have not yet recovered, and their economic conditions are worse than in other regions. There has been little progress in some states, with unemployment rates approaching the peak of the recession. During the economic recession in some states, a large number of local jobs were lost and the housing market declined severely. The unemployment rate has improved significantly but is still much higher than the national rate. Arizona ranked tenth with a 2011 GDP growth of 1.5%. According to the monthly unemployment rate data from the Bureau of Labor Statistics, the state's current unemployment rate is 8.1%. The peak unemployment rate was 10.8%, which is a 2.7% decrease from the peak unemployment rate. The other nine states on the list are: Michigan, Ohio, South Carolina, Utah, Oregon, Florida, Indiana, Tennessee, and Missouri.