Daily Trends Now
Daily Trends Now


New Mexico jobless rate remains steady for November

New Mexico jobless rate remains steady for November

State officials say Ohio's unemployment rate dropped to 4.8 percent in November but remained higher than the national rate. The unemployment rate is at a 17-year low of 4.1 percent.

Applications are a proxy for layoffs, and any reading below 300,000 is low by historical standards.

And more troublingly, the state's labor force faced a second consecutive month of significant decline - more than 15,000 fewer people in November.

The number of jobs in the Lincoln area hit 194,143, up almost 2,000 over a year ago.

- The Federal Reserve and many business economists forecast the unemployment rate should soon fall below 4 percent for the first time since 2000.




The rate for the Lincoln Metropolitan Statistical Area fell to 2.1 percent last month, down from a revised 2.2 percent in October and 2.4 percent in November 2016.

November unemployment rate estimates for New England states will be available at 10 a.m. on Friday, December 22 at https://www.bls.gov/news.release/pdf/laus.pdf.

Monthly workforce estimates are cooperatively produced and released by the Maine Department of Labor, Center for Workforce Research and the U.S. Bureau of Labor Statistics.

Veterans looking for employment prospects attend the first Los Angeles International Airport Job Fair for Veterans in Los Angeles on September 14, 2016.

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