Hiring Increases in 9 US States as Jobless Rates Decline in 4 States

By Earnest Jones , The Goldwater · 06-17-2017
Photo credit: danny raudstat | dreamstime.com

A positive trend, which emerged in the last month, has seen a significant increase in the number of jobs in nine states accompanied by a decline in unemployment rates in four states.

Alaska, Alabama, and Louisiana were identified by the Labor Department as the states with the largest percentage gains in jobs. Topping the list was the nation's capital, Washington D.C., which recorded the largest increase.

The figures prove that hiring this year is improving the job market in many states. Florida added nearly 30,000 jobs last month, the most of any state, followed by New York with nearly 28,000 and North Carolina with almost 19,000.

The nation has experienced a slow pace in job gains for the past couple of months. Hiring averaged 121,000 a month in the past three months, down from 201,000 in the preceding three.

The decline has been attributed to hiring, which typically slows as the pool of unemployed declines. Currently, the nationwide unemployment rate is at a 16-year low of 4.3 percent.

Among the states that have reported record lows that date back to 1976 include: Mississippi, Washington, and Oregon. Arkansas' unemployment rate dropped to 3.4 percent in May, a record low.

The decline in unemployment rates in Arkansas, Oregon, and Washington can be attributed to residents who found job opportunities. However, that was not the case in Mississippi, where the number of people working or looking for work in the state fell.

The largest job losses were in New Hampshire, followed by Nevada, West Virginia, and New Jersey. They were all measured as a percentage of the state's overall employment. Recording the lowest unemployment rate was Alaska, with a rate of 6.7 percent.

Source:

http://www.foxnews.com/us/2017/06/16/hiring-up-in-9-us-states-jobless-rates-at-record-low-in-4.html

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