Unemployment rates fall to record lows in 4 US states

Darin HammondApr 23, 2017

The unemployment rate dropped yet again in March, sinking to 2.4 percent, according to numbers released Friday by the Colorado Department of Labor and Employment. The sectors that saw the largest job gains were in construction; trade, transportation, and utilities; and education and healthcare sectors.

Overall, the state unemployment rate was a seasonally adjusted 4.8 percent in March, down 0.2 of a percentage point from February and down 0.1 of a percentage point from a year ago. Meanwhile, the count of employed people increased by 41,000 over the past year.

Virginia's seasonally adjusted unemployment rate has hit its lowest point since May 2008.

The department also revised its estimates of February's total employment upward by 1,400 jobs, including 1,100 private-sector jobs.

What's more, the unemployment rate fell even as the county's labor force grew by 15,000 to 5,082,000, thanks to the fact that 24,000 more county residents reported they were working in March than had reported in February.

Iowa's unemployment rate compares to a national rate of 4.5 percent. "Jobs were created faster than the growth in workforce, resulting in a significant decline in unemployment rate". Utah had an unemployment rate of 3.1 percent and Arizona and Texas each had rates of 5 percent.

The highest rate of joblessness in northwest Kansas was in Graham County, 4.2 percent.

The local figure compares to a rate of 5.1 percent for California and 4.6 percent nationwide.

The report says Nebraska nonfarm employment remained above 1 million last month. Those wage bumps could also help draw more people into ME for work, he said. IL has the 35th highest jobless rate nationally, but no longer has the highest jobless rate in the Midwest for the first time in years.

New Mexico's unemployment rate has largely been in the same area for the past four years. MA was at 3.6 percent and Rhode Island was 4.3 percent. Combined, professional and business services and construction lost 2,500 jobs because of fewer hires than typically expected for March. Within the Leisure & Hospitality grouping, the job increases were evenly split between Accommodation and Food Services & Drinking Places.

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