DOL regional and state employment/unemployment March 2014

dolJust released Friday are rates that reflect little change which is disappointing since we have come to believe that little coming out of the administration can be fully trusted. Many of the Daily Independent states show small growth in the tables below.

Regional and state unemployment rates were generally little changed in March. Twenty-one states had unemployment rate decreases, 17 states and the District of Columbia had increases, and 12 states had no change, the U.S. Bureau of Labor Statistics reported today. Forty-six states and the District of Columbia had unemployment rate decreases from a year earlier and four states had increases. The national jobless rate was unchangedfrom February at 6.7 percent but was 0.8 percentage point lower than in March 2013.

In March 2014, nonfarm payroll employment increased in 34 states, decreased in 16 states, and was unchanged in the District of Columbia. The largest over-the-month increases in employment occurred in Florida (+22,900), North Carolina (+19,400), and Georgia (+14,600). The largest over-the-month decrease in employment occurred in Pennsylvania (-8,400), followed by Virginia (-5,100) and Illinois (-3,200). The largest over-the-month percentage increases in employment occurred in North Carolina, North Dakota, South Carolina, Utah, and Wyoming (+0.5 percent each). The largest over-the-month percentage decline in employment occurred in Nebraska (-0.3 percent), followed by New Mexico and Rhode Island (-0.2 percent each). Over the year, nonfarm employment increased in 45 states and the District of Columbia and decreased in 5 states. The largest over-the-year percentage increase occurred in North Dakota (+4.5 percent), followed by Nevada (+3.8 percent) and Florida (+3.0 percent). The largest over-the-year percentage decreases in employment occurred in Alaska, Kentucky, and New Mexico (-0.2 percent each).

Regional Unemployment (Seasonally Adjusted)

In March, the West continued to have the highest regional unemployment rate, 7.2 percent, while the South again had the lowest rate, 6.0 percent. Over the month, only the Midwest had a statistically significant unemployment rate change (-0.1 percentage point). Significant over-the-year rate declines occurred in all four regions: the South (-1.2 percentage points), Northeast (-1.1 points), West (-1.0 point), and Midwest (-0.8 point). (See table 1.)

Among the nine geographic divisions, the Pacific continued to have the highest jobless rate, 7.6 percent in March. The West North Central again had the lowest rate, 5.1 percent. Two divisions had statistically significant over-the-month unemployment rate changes: the East North Central and West South Central (-0.2 percentage point each). Eight divisions had significant rate changes from a year earlier, all of which were decreases. The largest of these declines occurred in the South Atlantic (-1.5 percentage points) and Middle Atlantic (-1.4 points).

State Unemployment (Seasonally Adjusted)

Rhode Island had the highest unemployment rate among the states in March, 8.7 percent. The next highest rates were in Nevada and Illinois, 8.5 percent and 8.4 percent, respectively. North Dakota again had the lowest jobless rate, 2.6 percent. In total, 24 states had unemployment rates significantly lower than the U.S. figure of 6.7 percent, 5 states had measurably higher rates, and 21 states and the District of Columbia had rates that were not appreciably different from that of the nation. (See tables A and 3.)

Four states had statistically significant unemployment rate declines in March: Ohio (-0.4 percentage point), Vermont (-0.3 point), and Indiana and Massachusetts (-0.2 point each). Four states had significant over-the-month rate increases: Missouri and New Mexico (+0.3 percentage point each) and Florida and Nebraska (+0.1 point each). The remaining 42 states and the District of Columbia had jobless rates that were not measurably different from those of a month earlier, though some had changes that were at least as large numerically
as the significant changes.

South Carolina (-2.5 percentage points), North Carolina (-2.2 points), and Indiana (-2.0 points) had the largest unemployment rate declines from March 2013. Twenty-two additional states had smaller but also statistically significant rate decreases over the year. The remaining 25 states and the District of Columbia had rates that were not appreciably different from those of a year earlier. (See table B.)

Nonfarm Payroll Employment (Seasonally Adjusted)

In March 2014, seven states had statistically significant over-the-month changes in employment, all of which were increases. The largest statistically significant job gains occurred in Florida (+22,900), North Carolina (+19,400), and Georgia (+14,600). (See tables C and 5.)

Over the year, 26 states had statistically significant changes in employment, all of which were positive. The largest over-the-year job increase occurred in California (+325,100), followed by Texas (+310,000) . (See table D.)

Table A. Daily Independent States with unemployment rates significantly different from that of the U.S., March 2014, seasonally adjusted:

            State              Rate (preliminary)
United States (1) 6.7
California 8.1
Illinois 8.4
Nevada 8.5
Texas 5.5
Wisconsin 5.9

 

Table B. Daily Independent States with statistically significant unemployment rate changes from March 2013 to March 2014, seasonally adjusted:

Significant Percent Changes  Year over year March (preliminary)
      State       2013          2014          Change
California 9.2 8.1 (1.0)
Colorado 7.0 6.2 (0.8)
Nevada 10.2 8.5 (1.7)
Oregon 8.0 6.9 (1.1)
Tennessee 8.3 6.7 (1.6)
Texas 6.4 5.5 (0.9)
Wisconsin 6.9 5.9 (1.0)

 

Table C. Daily Independent States with statistically significant employment changes from February 2014 to March 2014, seasonally adjusted

Significant Changes from February over March
               State      February     March    change
Oregon 1,701,400 1,708,900 7,500

 

Table D. States with statistically significant employment changes from March 2013 to March 2014, seasonally adjusted:

Statistically Significant Changes March (preliminary)
     State          2013         2014         change
Arizona 2,503,100 2,550,900 47,800
California 15,040,400 15,635,500 325,100
Colorado 2,362,300 2,423,300 61,000
Nevada 1,165,300 1,210,100 44,800
Oregon 1,662,600 1,708,900 46,300
Tennessee 2,739,400 2,785,500 46,100
Texas 11,106,600 11,416,600 310,000
Wisconsin 2,810,900 2,849,300 38,400