In 2014, annual average unemployment rates declined in all 50 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Employment-population
ratios increased in 35 states and the District of Columbia, decreased in 12 states, and
were unchanged in 3 states. The U.S. jobless rate decreased by 1.2 percentage points
to 6.2 percent in 2014, while the national employment-population ratio increased by
0.4 point to 59.0 percent.
All four regions had annual average unemployment rate declines from 2013, with the
Midwest and Northeast having the largest decreases (-1.4 percentage points each). The
Midwest, at 5.8 percent, had the lowest regional unemployment rate in 2014, while the
West, at 6.8 percent, had the highest rate.
Among the nine geographic divisions, the West North Central had the lowest annual
average unemployment rate, 4.6 percent in 2014. The Pacific had the highest jobless rate,
7.2 percent. All nine divisions had over-the-year unemployment rate declines, the largest
of which occurred in the East North Central (-1.7 percentage points) and Middle Atlantic
(-1.5 points).
North Dakota had the highest proportion of employed persons, 70.8 percent in 2014.
Four other states in the West North Central division had the next highest ratios:
Nebraska, 68.9 percent; Iowa, 67.3 percent; Minnesota, 67.0 percent; and South Dakota,
66.9 percent.
What a government smokescreen. And the economy is good.
U.S. Steel plans to close its Gary Works coke plant in May
Boeing – 319 Layoff Notices
RBS – 1,000+ Layoffs at U.S. Trading Unit
Update: Nabors Industries – Has Cut Nearly 3,500
SpartanNash Co. plans to shutter 10 stores.
Just a few from, DailyJobCuts.com check it out.
@Allen-You forgot Target, Penny’s, Radio Shack and many many others.
This is a Bull Sh## article. Unemployment rose to 320,000 last month and productivity went down.
Example is vegas, peter was lucky enough to find a job but my son in law who was former military with a college degree couldn’t find a job in vegas to they had to move to new york for a job.
They stop counting the numbers that fall off unemployment and go on SS disability. This is the only reason unemployment is down except for North Dakota growing because they are finally able to drill for oil.
@John-They restate the numbers every month because they overstate them. Who knows what the real numbers are. I have heard somewhere around 14% and that sounds about right. Now if you count the people working for less money, or part time, it becomes a lot worse.