State jobless rate ticks up to 3.6 percent, remains below US

Barsaba Taglieri
Aprile 21, 2017

The national unemployment rate was 4.5 percent in March and the economy added 98,000 jobs, the lowest monthly job growth under the Trump Ad-ministration, so far.

Although both states boasted faster job growth than the nation as a whole, the jobless rate in Tennessee and Georgia remained above the US rate of 4.6 percent. Last month's jobless rate in MI was two-tenths of a percentage point higher than the state's year-ago rate of 4.9 percent.

Employment Department Economist Nick Beleicicks says the low numbers are good for salaries. The number of unemployed workers fell by 11,000.

The seasonally-adjusted rate is.9 percent lower than it was this time past year.

In March, nonfarm payroll employment rose by 2,400 following a revised gain of 7,600 in February.

The labor force rate for Black women over 20 years-old was the same 62.7 percent in March that it was in February.

The industries that saw the greatest job growth last month were leisure and hospitality up 2,700, education and health services up 2,500 and professional and businesses services, which gained 2,300 new jobs.

Meanwhile only two industries cut jobs over the year: mining and logging (-100 jobs, or 1.3%); and wholesale trade (-1,000 jobs, or -1.3%). The state added an estimated 49,000 jobs from March 2016 to March 2017.

The construction sector lost 2,000 jobs in March 2017.

The household and employer surveys are both subject to variation and sampling error from month-to-month.

Kentucky's statewide unemployment rate and employment levels are seasonally adjusted.

Altre relazioni OverNewsmagazine

Discuti questo articolo