Five states post their lowest unemployment rates since 1976 in October

Filed under: News |

http://www2.staffingindustry.com/site/Editorial/Daily-News/Five-states-post-their-lowest-unemployment-rates-since-1976-in-October-59809

Daily News

View All News

November 19, 2021

Five states posted their lowest jobless rates in October since 1976, according to data released today by the US Bureau of Labor Statistics. They were Georgia, 3.1%; Nebraska, 1.9%; Oklahoma, 2.7%; Utah, 2.2%; and West Virginia, 4.3%.

Nebraska and Utah were also the states with the first- and second-lowest unemployment rates among all states in October.

The states with the highest jobless rates in October were California and Nevada at 7.3% each.

Also today, the BLS reported quit rates by state for the month of September compared to August.

The largest quit-rate increases occurred in Hawaii, up 3.8 percentage points; Montana, up 1.5 points; and Nevada and New Hampshire, up 1.1 points each. The largest decreases in quit rates occurred in Kentucky, down 1.1 percentage points; Iowa, down 1.0 point; and South Dakota down 0.7 of a point.

The US national quits rate rose 0.1 of a percentage point.

States with the largest increases in number of quits were Texas, up 69,000; California, up 40,000; and Colorado, up 25,000. The largest declines in quits occurred in Georgia, down 27,000; Kentucky, down 21,000, and New Jersey, down 19,000.

Nationally, the number of quits increased by 164,000.

http://www2.staffingindustry.com/site/Editorial/Daily-News/Five-states-post-their-lowest-unemployment-rates-since-1976-in-October-59809

This post was originally published on this site

List your business in the premium web directory for free This website is listed under Human Resources Directory