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Unemployment rates fell in 20 US states last month, while three-quarters added jobs

Unemployment fell in 20 states last month and nearly three-quarters of the states added jobs, as the nation at large posted a fourth straight month of solid hiring.

The Labor Department says unemployment rates rose in 16 states and were unchanged in 14 states. Meanwhile, hiring rose in 36 states and declined in 14.

The biggest drops in unemployment rates occurred in Illinois, where the rate fell to 7.5 percent from 7.9 percent, and Massachusetts, where it fell to 5.6 percent from 6 percent. Georgia reported the largest increase, to 7.2 percent from 6.9 percent.

Nationwide, employers added 217,000 jobs in May, the fourth straight month of gains above 200,000. That's the first such stretch since 1999. The unemployment rate remained at 6.3 percent, matching a five-year low.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.18% dw 4.20%  
15 Y Fixed Graph 3.21% dw 3.27%  
30 Y Fixed Jumbo Graph 4.69% up 4.61%  
5/1 ARM Graph 3.32% dw 3.53%  
5/1 Jumbo ARM Graph 3.71% dw 3.85%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.29% -- 4.29%  
$50K HELOC Graph 4.04% -- 4.04%  
$30K Loan Graph 5.10% up 5.09%  
$50K Loan Graph 4.53% up 4.52%  
$75K Loan Graph 4.53% up 4.52%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.93% -- 2.93%  
36 M Used Graph 3.46% -- 3.46%  
48 M New Graph 3.22% -- 3.22%  
48 M Used Graph 2.99% up 2.98%  
60 M New Graph 3.24% -- 3.24%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.37% up 0.35%  
1 yr Graph 0.69% up 0.69%  
5 yr Graph 1.47% up 1.39%