Nevada has unseated Michigan as the state with the highest unemployment rate, knocking Michigan out of the top slot for the first time since April of 2006.

Nevada's unemployment rate was 14.0 percent, according to the U.S. Census Bureau. Michigan's unemployment rate for the month of May was 13.6 percent.

That snapped Michigan's streak of 49 consecutive months as the state with the highest unemployment rate.

"We're No. 2!" wrote Michael LaFaive, the Director of the Mackinac Center for Public Policy's Morey Fiscal Policy Initiative. "I've never been so happy to see Michigan be the 49th worst at anything before."

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A “bottlenecker” is someone who uses the power of the government to limit competition in the market and artificially boost their own profits. Bottleneckers use a variety of methods to achieve their goals, including tax loopholes, regulations, occupational licensing requirements, minimum wage laws and many more. The end result when these special interest bottleneckers succeed is fewer choices and higher prices for consumers, fewer job opportunities for workers and less innovation throughout the economy.

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