The employment situation for the month of May has steadfastly maintained the growth achieved in the month of April. The unemployment rate has remained at 3.6 percent, which still remains to be the lowest rate in the last 50 years. The month of May will be the record 15th month to witness the rate of unemployment grow under 4 percent. Establishment Survey Data The professional and business services and healthcare … Read more
California, one of the largest economies in the world. A state which represents one-tenth of nation and the place where the rest of the country looks for emerging trends. A visible growth in the employment rate can be seen from the recent data released by Bureau of Labour Statistics in April 2013. California’s unemployment rate of 9 percent is a drop from 9.4 percent in March. It surely is a … Read more
A right mix of natural resources, industries and skilled workers is the secret to a prospering economy and low unemployment rate. North Dakota is blessed with all of the above making it the state with lowest unemployment rate in the entire nation. According to the data released by Bureau of Labour Statistics for the month of April, North Dakota has 3.3 percent of unemployment rate, up by 0.1 percent from … Read more
The November employment report states that the total nonfarm payroll increased by 266,000. In comparison to October, the nonfarm pay has seen a significant increase. There is a slight change in the unemployment rate, which currently stands at 3.5%, according to the U.S Bureau of Labor Statistics. Major Ups and Downs in November Significant job gains took place in the health care industry, professional, and technical services industry. The manufacturing … Read more
Even though there have been reports of the unemployment rate of the Silicon Valley falling in April, the unemployment rate of California does not seem to be affected much. It remains unperturbed at 12.6 percent. The reason for the fall in unemployment rate in Silicon valley has been due to the sharp fall of the unemployment rates in Santa Clara and San Mateo counties due to the hiring of techies. … Read more
In a bout of great news, November saw the unemployment rate dropping to 6.7% despite the surging Coronavirus caseload across the country. However, 10.7 million citizens still remain unemployed due to the economic slowdown and shutting down of several businesses. Several experts also believe that the economic situation will get back to normal only by 2024. Meanwhile, the government has to prioritize speeding up vaccinations and public health investment. A … Read more
During these times of slow economic recovery, Nevada is absolutely not showing any signs of improvement. In fact, the unemployment rate of Nevada has risen to 13.7% in April from 13.4%. The financial experts have been attributing it the government’s austerity as about 5500 jobs were axed last month by the local governments. The Department of Employment, Training, and Rehabilitation states that many local governments have been forced to cut … Read more
The unemployment rate of Ohio in the month of April was 10.9 percent. It was 11 percent in March so the slight dip in the unemployment rate has been encouraging. There were job gains of 37,300 which included temporary jobs with U.S. Census Bureau. Of course, there have been people who have lost their jobs simultaneously. Even now, many of them have not been able to find permanent jobs. Refer … Read more
A slight drop in the unemployment rate of Michigan has given positive signals to the recovering economy. Even though it is just one tenth of a percentage improvement from the previous month’s unemployment rate, people have been getting their confidence in the economy. Refer to Michigan unemployment benefits guide to learn more about state employment program. The concern has been the labor markets. Mostly because of the troubled labor sector, … Read more
The new numbers for the New Mexico unemployment that have been released recently show some positive sign. As per the numbers released by U.S. Department of Labor, the unemployment rate as shown a slight dip from 8.8 percent in March to 8.7 percent in April. The Department also says that New Mexico lost 16,000 jobs since April, 2009. People have been optimistic throughout the state and feel that there are … Read more