by Bill McBride on 11/21/2014 10:14:00 AM
Friday, November 21, 2014
From the BLS: Regional and State Employment and Unemployment Summary
Regional and state unemployment rates were generally little changed in October. Thirty-four states and the District of Columbia had unemployment rate decreases from September, 5 states had increases, and 11 states had no change, the U.S. Bureau of Labor Statistics reported today.Click on graph for larger image.
Georgia had the highest unemployment rate among the states in October, 7.7 percent. North Dakota again had the lowest jobless rate, 2.8 percent.
This graph shows the current unemployment rate for each state (red), and the max during the recession (blue). All states are well below the maximum unemployment rate for the recession.
The size of the blue bar indicates the amount of improvement.
The states are ranked by the highest current unemployment rate. Georgia, at 7.7%, had the highest unemployment rate for the third consecutive month.
The second graph shows the number of states (and D.C.) with unemployment rates at or above certain levels since January 2006. At the worst of the employment recession, there were 10 states with an unemployment rate at or above 11% (red).
Currently no state has an unemployment rate at or above 8% (light blue); Eight states and D.C. are still at or above 7% (dark blue).
Posted by Bill McBride on 11/21/2014 10:14:00 AM