Colorado's unemployment rate dropped to the lowest level in the 41 years of records kept by the U.S. Bureau of Labor Statistics and was the lowest in the nation at 2.6 percent, the federal agency reported Friday.
National unemployment rate sits around 4.5 percent, since the state is nearly two percentage points lower it reflects the population growth, and most jobs being filled are high skilled positions.
Maine, Tennessee and Washington state reported the largest percentage job gains last month, while Missouri, New Jersey and Pennsylvania experienced the biggest cuts. The EDD estimates the county had a labor force of 246,900, with 21,800 now unemployed. That was the lowest rate since May 2007, when unemployment dipped to 2.9 percent.
Calhoun County had the lowest jobless rate in the region at 4.9 percent.
"The month's drop in the unemployment rate came about because more people entered the labor force looking for work, and majority found it", Fitzgerald Washington, Alabama Department of Labor Secretary, said in a written statement.
Ashmore Group plc (ASHM) Given "Hold" Rating at Peel Hunt
Research Frontiers, Inc. (REFR) formed wedge down with $1.27 target or 9.00% below today's $1.40 share price. The stock of Admiral Group plc (LON:ADM) earned "Outperform" rating by Bernstein on Monday, December 21.
In Santa Barbara County, the unemployment rate in March was 5.2 percent, down from 5.5 percent the previous month and 5.6 percent in March 2016.
Compared to March 2016, Arkansas' nonfarm payroll employment is up 16,600. The rates in Arkansas (3.6 percent), Colorado (2.6 percent), ME (3.0 percent), and OR (3.8 percent) set new series lows.
There were 4,400 more Arkansans employed in March, compared with February.
Areas around cities saw the most job growth, driven in part by hospital and laboratory jobs serving the state's aging population. That brings the total number of private sector jobs added since December 2010 more than 1.3 million, according to the Governor's Office.
In particular, private-sector employment was up 1.2 percent in New Mexico. The percentage of union members in 2016 was up slightly from 2006. Those wage bumps could also help draw more people into ME for work, he said. The highest rate was in New Mexico, at 6.7 percent. Healthcare/social assistance again led the way, adding 26,000 jobs, followed by food service (up 13,500) and professional/scientific/technical services (up 9,500).