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Tuesday, January 28, 2014

BLS: State unemployment rates were "generally lower" in December

by Calculated Risk on 1/28/2014 10:40:00 AM

From the BLS: Regional and State Employment and Unemployment Summary

Regional and state unemployment rates were generally lower in December. Thirty-nine states and the District of Columbia had unemployment rate decreases from November, two states had increases, and nine states had no change, the U.S. Bureau of Labor Statistics reported today.
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Rhode Island had the highest unemployment rate among the states in December, 9.1 percent. The next highest rates were in Nevada, 8.8 percent, and Illinois, 8.6 percent. North Dakota continued to have the lowest jobless rate, 2.6 percent.
State Unemployment Click on graph for larger image.

This graph shows the current unemployment rate for each state (red), and the max during the recession (blue). All states are below the maximum unemployment rate for the recession.

The size of the blue bar indicates the amount of improvement - Michigan, Nevada and Florida have seen the largest declines and many other states have seen significant declines. 

The states are ranked by the highest current unemployment rate. No state has double digit unemployment and the unemployment rate is at 9% in only one state: Rhode Island.

State UnemploymentThe second graph shows the number of states with unemployment rates above certain levels since January 2006. At the worst of the employment recession, there were 9 states with an unemployment rate above 11% (red).

Currently one state has an unemployment rate at or above 9% (purple), eight states at or above 8% (light blue), and 18 states at or above 7% (blue).