by Calculated Risk on 1/24/2023 11:07:00 AM

From the BLS: Regional and State Employment and Unemployment Summary

Unemployment rates were higher in December in 7 states, lower in 5 states, and stable in 38 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Thirty-five states and the District had jobless rate decreases from a year earlier, 4 states had increases, and 11 states had little change.

Utah had the lowest jobless rate in December, 2.2 percent. The next lowest rates were in North Dakota and South Dakota, 2.3 percent each. The rates in Alaska (4.3 percent) and Pennsylvania (3.9 percent) set new series lows. (All state series begin in 1976.) Nevada had the highest unemployment rate, 5.2 percent.
emphasis addedTwo states set new series record low unemployment rates in December.

Keep reading this article on Bill McBride - Calculedriskblog.

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