Monday, January 26th-1.5°C
24736
24277

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

23015


Recent Trending




Today's Market
S&P TSX14797.83+18.48
S&P CDNX674.39-3.79
DJIA17678.70+6.10
Nasdaq4771.764+13.885
S&P 5002057.09+5.27
CDN Dollar0.8012-0.0004
Gold1277.20-2.2001
Oil47.07+0.14
Lumber316.00-0.30
Natural Gas2.92+0.039

 
Okanagan Companies
Pacific Safety0.14+0.025
Knighthawk0.010.00
QHR Technologies Inc1.39+0.01
Cantex0.035+0.005
Anavex Life Sciences0.18-0.001
Metalex Ventures0.035-0.005
Russel Metals24.45-0.03
Copper Mountain Mining1.09-0.01
Colorado Resources0.135-0.02
ReliaBrand Inc0.006+0.001
Sunrise Resources Ltd0.055+0.03
Mission Ready Services0.24+0.02

 



24153

FEATURED Property
16320279-3985 Westside Road
10064603 bedrooms
$849,000
more details
image2
Click here to feature your property
Please wait... loading


How to price: workbook approach

In 2008 Self Counsel Press published my book - Pricing Strategies for Small Business. The book is now available in Europe, India, Russia and the United States. The purpose of the book was to make avai...


Ailing Parents: Tax Issues

If your parent has become ill, there can be several tax issues that come into play depending on the nature of their illness, their age and the role that family members are playing. For example, if you...


What do I pay ICBC for anyway?

If you have had ongoing dealings with ICBC as a result of a car accident than you have likely had the pleasure of dealing with at least two sides of ICBC. Initially the relationship starts off pleasan...

_





24709


Member of BC Press Council


24222