Yesterday the Department of Labor, Bureau of Labor Statistics (BLS) released the Regional and State Employment and Unemployment Summary on national data collected during July 2014. Each month this government agency reports on each state's unemployment rate and then compiles a national, regional and state profile of unemployment. According to the report during the month of July 2014 the national unemployment rate was 6.2% which is down 1.1 percentage points lower than in July 2013.
Nationally the state reporting the highest unemployment was Mississippi at 8.0% followed by Georgia at 7.8%. North Dakota was the state with the lowest unemployment rate in the nation at 2.8% followed by Nebraska and Utah at 3.6%.
When compared to the national unemployment rate there are 18 states below the 6.2% national unemployment rate, 8 states above the national unemployment rate and 24 states were statistically close to the national unemployment rate. Regionally, the Western states have the highest unemployment average at 6.6% while the states in the Midwest region have the lowest unemployment average at 5.9%.
The top three states adding the jobs in July were Texas adding the most jobs during the month with 46,600 jobs, followed by California adding 27,700 jobs and Michigan adding 17,900 jobs. The state reporting the most over the month job losses during July was Maryland with 9,000 jobs lost. Over the year the non farm payroll employment increased in 30 states. For the month of July there were 36 states that increased payroll employment, 13 states decreased payroll employment and one state was unchanged.
To view the full BLS report go to Regional and State Employment and Unemployment – July 2014. The next BLS report on Regional and State Employment and Unemployment Summary will be released on September 19, 2014 and that report will be covering employment data collected for August 2014.
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