State Facts for August
The Bureau of Labor Statistics released the latest information on the economic conditions in the states. Here are five points to take away from this month’s state unemployment numbers:
1. Unemployment rose in 44 out of 50 states.
2. The largest over-the-month increase in employment occurred in California (+25,200), followed by Michigan (+21,800) and Virginia (+21,300).
3. The largest over-the-month decrease in employment occurred in New Jersey (-12,000), followed by Missouri (-7,700) and Illinois (-7,100).
4. The West had the highest regional unemployment rate in July, 9.4 percent, while the Midwest again reported the lowest rate, 7.5 percent.
5. Eighteen states had statistically significant over-the-month unemployment rate changes in July, all of which were increases. The largest of these increases occurred in Alabama and Alaska (+0.5 percentage point each).
How did your home state measure up? Find unemployment information as well as other statistics in our updated state fact sheets, here.