Indiana's February jobless rate edges down to 3.2 percent

24 March, 2018, 10:35 | Author: Tara Reeves
  • Indiana's February jobless rate edges down to 3.2 percent

But leisure and hospitality had a tough February, losing 2,900 for the month. The data also shows Wisconsin gained 1,500 non-farm jobs over the month.

The U.S. unemployment rate for February was 4.1%, unchanged from January, and down from 4.7% in February 2017.

Iowa's unemployment rate remained at 2.9 percent in February. "Our low unemployment rate, coupled with over the year job and labor force gains, all point towards the continued strength of the MA economy". In the past 12 months, the state has added 46,500 jobs.

Indiana's unemployment rate has edged lower to 3.2 percent in February, continuing a decline in the state that was seen starting in November. There were a few months a year ago were we had job gains of 10,000, but all of that has been revised away. Construction fell 0.8 percent (-100 jobs), a smaller loss than in recent months. 7,200 in financial activities, 4,700 in education and health services, 4,300 in manufacturing, 4,200 in construction and 2,800 in information technology.

Trade, transportation and utilities were up 400. Minnesota has gained 22,626 jobs over the past year, a growth rate of 0.8 percent. Within the Professional & Business Services, the bulk of the job expansion was spread out over several subsectors of Administrative & Support & Waste Management & Remediation Services. Over the year, Professional, Scientific and Business Services added 11,200 (+2.0%) jobs. State officials also noted that Maryland has added 1,500 new employers since September 2017.

Looking toward the rest of the year, Reaser predicted employers will have a hard time filling jobs, from engineers to roofers. Halbert and Crow say that from December 2016 to December 2017 OH gained 32,200 jobs.

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Zeller said job growth this year hasn't been enough to offset 2017's dismal employment data. "With more than 25,000 jobs created across the state just last month, it's clear that our focus on cutting taxes and reducing burdensome regulations is helping secure Florida's future for every Florida family". Over the year, Government lost 1,300 (-0.3%) jobs.

Counties with the lowest unemployment rates are: Shelby County at 3.1 percent, Cullman County at 3.6 percent, and Marshall, Madison and Blount Counties at 3.7 percent. More people are working, and our economy is adding jobs.

Wilcox County in rural west Alabama has Alabama's highest jobless rate, 10.5 percent. More on the differences in accuracy of the two measures is at www.maine.gov/labor/cwri/blogs/imprecise_data.pdf. This was a result of 2,243 unemployed residents no longer seeking employment within the past four weeks, and a 4,738 increase in residents employed.

The BLS compiled its data through current employment statistics, local area unemployment statistics and quarterly census of employment and wages.

"On the whole, the February employment report for Virginia was positive, marking a pickup in growth that hopefully can be sustained", said Sonya Ravindranath Waddell, director of regional economics for the Federal Reserve Bank of Richmond.

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