Americans' economic struggles persisted in July, largely unchanged from the previous month, according to The Associated Press' monthly analysis of conditions around the country. Nationally, unemployment, foreclosure and bankruptcy rates didn't budge from June. Yet the economic pain varied among localities, depending on their economic bases. Stress eased in counties whose work forces lean toward areas like agriculture, mining, wholesale trade and finance. I thought this is an interesting article to read because each state is scored using the measurement of "economic stress". According to the article, Nevada was the most stressed state meanwhile North Dakota is top one leading as the healthiest state. It is interesting to know that the Western states are the most stressed economically-wise. Also, I wonder how did the economists calculate that it would take years for the unemployment rate to drop down to 5%.
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