Daily Trends Now
Daily Trends Now

Vermont Unemployment Rate Low As Labor Shortage Builds

Vermont Unemployment Rate Low As Labor Shortage Builds

"The Department of Labor strives to have full employment throughout every industry in the state, and we're ready and able to assist Marylanders in their search for work", said Secretary Schulz.

In a possible sign that the Florida Keys have not fully recovered from Hurricane Irma in September, Monroe County - which typically has the state's lowest unemployment rate - had a 3.7 percent rate in January, behind five counties.

National data shows Florida remains among top states in job growth over the previous year.

Compared to January 2017, Arkansas' nonfarm payroll employment is up by 6,300.

Six of the 11 employment sectors saw job losses in January compared to the year before, with the steepest losses coming from construction, which slipped 2,700 jobs, and trade, transportation and utilities, which fell by 8,800 jobs. Compared to the fourth quarter of 2016, the labour force participation rate is 1.7 percentage points higher. Since December 2010, Florida businesses have created almost 1.5 million jobs, which includes more than 144,000 in the past year.

When people stop looking for work, they are no longer considered unemployed for the goal of calculating the jobless rate, thus lowering the rate.

Though the total unemployment level in SC rose by 2,299 people from December to January, Buoyea says the figure is still within the "steady range" expected by the state.

Florida's housing market also remains strong as median home prices rose $20,000 across the state in the a year ago.

"We're healing economically, but it's not revealed in the labor force numbers", Parker said.

Learn more about how unemployment rates are calculated here: http://www.hoosierdata.in.gov/infographics/employment-status.asp.

Nonfarm payroll jobs in California totaled 17,038,400 in January, according to a survey of businesses that is larger and less variable statistically. Federal labor figures do reflect those distinctions, summing them up under what the Bureau of Labor Statistics calls the alternative measure of labor underutilization.


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