Unemployment for August: 42 States Lost Jobs

  STATE OF UNEMPLOYMENT: 42 states suffered net job losses last month, up from 29 in July, the Labor Department said.  27  states saw their unemployment rates rise in August; 16 reported a drop. GIVING UP: In at least 6 states, the jobless rate fell, but mostly because unemployed workers gave up their job searches and dropped out of the work force. The states that experienced declines were: Georgia, Ohio, Indiana, Colorado, Kansas and Virginia. OUTLOOK GLOOMY: The nation’s unemployment rate is expected to peak above 10 percent next year, according to most economists, up from its current rate of 9.7 percent.