Monday, October 20th9.8°C
23836
23671

More than 2/3 of US states had job gains in March, while unemployment rate fell in 21 states

WASHINGTON - More than two-thirds of the states reported job gains in March, as hiring has improved for much of the country during what has been a sluggish but sustained 4 1/2-year recovery.

The Labor Department said Friday that unemployment rates dropped in 21 states, rose in 17 and were unchanged in the remaining 12. Meanwhile, hiring increased in 34 states and fell in 16.

The unemployment rate varies from as low as 2.6 per cent in North Dakota to as much as 8.7 per cent in Rhode Island. South Carolina has experienced the sharpest rate decline over 12 months to 5.5 per cent from 8 per cent.

The rate nationwide stayed at 6.7 per cent in March for the second straight month. That national rate stayed flat because someone was hired for almost every person who entered the job market last month.

Employers added 192,000 jobs nationwide in March, close to the average monthly gains of the past two years.

Ohio experienced the largest month-to-month drop in its unemployment rate: 0.4 percentage points to 6.1 per cent. That steep drop occurred because the state added 12,000 jobs last month, while the total number of people in its job market fell 11,200 to 5.75 million.

Unemployment rates can fall when people leave the job market, as well as when employers hire.

North Carolina reported the second largest year-over-year drop in the unemployment rate: a 2.2 percentage point decrease to 6.3 per cent. Part of that decline came from the loss unemployment benefits for jobless workers. Because those workers needed to look for jobs in order to receive benefits, the loss of the jobless aid likely caused them to give up their hunts and no longer be counted as unemployed.

Several states continue to lag the gains made across the country. Unemployment remains elevated in Nevada (8.5 per cent), Illinois (8.4 per cent), California (8.1 per cent) and Kentucky (7.9 per cent).

The Canadian Press


Read more Business News

23104


Recent Trending




Today's Market
S&P TSX14337.77+110.09
S&P CDNX811.351.22
DJIA16399.6719.26
Nasdaq4316.075+57.637
S&P 5001904.01+17.25
CDN Dollar0.8876+0.0017
Gold1249.80+5.1001
Oil81.58+0.20
Lumber330.40-0.50
Natural Gas3.679+0.009

 
Okanagan Companies
Pacific Safety0.10-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.12+0.01
Cantex0.055-0.025
Anavex Life Sciences0.191+0.001
Metalex Ventures0.050.00
Russel Metals32.28-0.07
Copper Mountain Mining1.99+0.05
Colorado Resources0.15+0.005
ReliaBrand Inc0.0111-0.0019
Sunrise Resources Ltd0.060.00
Mission Ready Services0.450.00

 



23028

FEATURED Property
16232199 880 Christina Place
4 bedrooms 3 baths
$549,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_








Member of BC Press Council


23832