Today’s report from the U.S. Bureau of Labor Statistics shows an improving employment picture across most of the nation. (Again, we note that the pandemic calls the shots and the future is, therefore, highly uncertain.)
Unemployment rates were lower in June in 42 states, higher in 5 states, and stable in 3 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Forty-nine states and the District had jobless rate increases from a year earlier, while one state had no change. The national unemployment rate declined by 2.2
percentage points over the month to 11.1 percent but was 7.4 points higher than in June 2019.
Nonfarm payroll employment increased in all 50 states and the District of Columbia in June 2020. Over the year, nonfarm payroll employment decreased in all 50 states and the District.
In June, the BLS reports Washington’s unemployment rate stood at 9.8%, down from 15.1% in May.
Calculated Risk reviews the data and reports,
Currently 20 states are above 10% unemployment rate.
Four states are above 15%.
Improvement, but slow, uneven, and tentative.