Unemployment Rates Hold Across the U.S.
The vast majority of states saw unemployment rates remain unchanged or decrease in the month of March compared to the same time last year, according to the U.S. Bureau of Labor Statistics.
The data released earlier this week shows that unemployment rates in 32 states were "stable" and that 11 states, and the District of Columbia, had jobless rates decrease over the past year. The national unemployment rate, currently 3.5%, changed 'little" over the past 12 months, the report states.
"Nonfarm payroll employment increased in 2 states and was essentially unchanged
in 48 states and the District of Columbia in March 2023. Over the year, nonfarm
payroll employment increased in 42 states and was essentially unchanged in 8
states and the District," the report reads.
The data collected is based on statistics from a survey of households across the U.S.
South Dakota had the lowest jobless rate this past March at 1.9%, followed by Nebraska and North Dakota. The highest increase in jobless rates was in Nevada at 5.5%.