More than 10,000 jobs were added in each category since July 2014. There’s also been a lot of growth in part time jobs.
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A new Iowa Workforce Development report issued Friday shows our unemployment rate increased slightly in July. The state’s jobless rate has fallen in six out of the last seven months, and has been drifting down consistently since peaking in early 2010.
“The expansion continues to be in the area of finance and insurance, particularly health insurance”, said Shanker. The largest significant over-the-year job increase occurred in California (+494,300), followed by Florida (+271,500) and Texas (+260,500). The industries in this sector include traditional publishing as well as software publishing; motion pictures and broadcasting; and telecommunications.
In July 2015, 17 states had statistically significant over-the-month changes in employment, 16 of which were positive.
Only a couple of months ago, in his presidential announcement speech, real-estate developer Donald Trump said the “real” unemployment rate was 18 to 20 percent, which earned him a “false” from PolitiFact. Meanwhile, logging and mining employers tacked on 300 jobs and information added 200. The trade, transportation and utilities sector went up by 1,500 jobs. The sector has grown 7.8% over the year. Employment estimates for July 2015 were based on the new data plus seasonal adjustments.
Nevada’s unemployment rate remains below 7 percent, taking another slight dip in July.
As expected, there were job losses statewide between June and July in leisure and hospitality, with little tourism in much of the Arizona. Unemployment was lowest in Charleston and Lexington counties, which both posted rates of 5.3 percent.
There were more 2.614 million private sector jobs in Indiana in July, compared to the previous record of 2.612 set in March 2000.
If conservatives want to make the case that the official unemployment rate – the U-3 rate for you wonks out there – is not the best metric for understanding the health of the job market, I’m not unsympathetic to the argument.
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Discouraged workers. There were 668,000 workers counted in July who had given up looking for work because they believed they believed no jobs were available.
