Friday, March 26, 2021

BLS: February Unemployment rates down in 23 States

by Calculated Risk on 3/26/2021 10:28:00 AM

From the BLS: Regional and State Employment and Unemployment Summary

Unemployment rates were lower in February in 23 states and the District of Columbia, higher in 4 states, and stable in 23 states, the U.S. Bureau of Labor Statistics reported today. Forty-five states and the District had jobless rate increases from a year earlier and five states had little or no change. The national unemployment rate, 6.2 percent, was little changed over the month, but was 2.7 percentage points higher than in February 2020.

Nonfarm payroll employment increased in 11 states, decreased in 3 states, and was essentially unchanged in 36 states and the District of Columbia in February 2021. Over the year, nonfarm payroll employment decreased in 48 states and the District and was essentially unchanged in 2 states.
Hawaii and New York had the highest unemployment rates in February, 9.2 percent and 8.9 percent, respectively, while South Dakota, 2.9 percent, and Utah, 3.0 percent, had the lowest rates.
Hawaii is being impacted by the lack of tourism.