To view the full News Release go to Unemployment Insurance Weekly Claims released November 19, 2015. “We haven’t seen the labor force this large since 2009 and 2010”.
Advertisement
Arkansas’ unemployment rate dropped for the fifth-straight month in October, mirroring a decline in the national rate, the U.S. Bureau of Labor Statistics said Friday.
In October, Tennessee’s employment was 5.6 percent, the lowest rate since December 2007.
There was nothing unusual in the data, and claims for Louisiana last week were estimated because the state was switching to a new system for handling applications.
Still, that remains below the 3.5 percent pace that is typical in a healthy economy.
Over the past year, payrolls have decreased 1,561, while the ranks of the employed have inched up 32. Its coal industry has been hit hard by competition from cheaper natural gas. For October, 251 claims were filed in Mesa County, down five from September. “The fact that we teach critical-thinking and require students to take a broad spectrum of courses-that they’re pretty sure they’ll never need-is our way of saying you don’t know what you’re going to be doing ten years from now”. “That said, the state will be hard-pressed to realize tangible and meaningful CT job growth on an average annual basis in 2016, in my estimation”. That’s down almost 19 percent from the same span past year.
Florida created 36,600 private-sector jobs in October, the highest one-month total for jobs added in ten years. The question is how high the jobless rate will spike and then how quickly and to what extend it will retreat.
Department director Jeff Mays said the state’s job-creation still lags much of the country but noted the job growth was the strongest since February. There’s no shortage of skilled labor, but rather employment opportunities. Regional and state unemployment rates were little changed in October.
Choctaw County is the only county to register an increase in its unemployment rate over the year, rising from 7.8% to 8.4%.
The state’s private sector showed an overall 1.82 percent increase in employment over the past year, whereas the public sector showed a small increase of. We like the unemployment rate to be around four percent. Professional and business services added 4,400 jobs, with additions reported across all subsectors.
Advertisement
The BLS revised that months’ job creation upward to 29,200 from 26,600.
