Friday, June 16, 2023

May '23 unemployment figures

Unemployment rates were lower in May in 11 states and stable in 39 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported June 16.


Seventeen states had jobless rate decreases from a year earlier, 8 states and the District had increases, and 25 states had little change.


The national unemployment rate rose by 0.3 percentage point over the month to 3.7 percent but was little changed from May 2022. 


States with unemployment rates significantly different from that of the U.S., May 2023, seasonally adjusted: Alabama 2.2%. 


States with statistically significant employment changes from May 2022 to May 2023, seasonally adjusted % change): Alabama +2.1%; Louisiana +2.5%. 


Mississippi unemployment rate May 2023: 3.2% - % change from May 2022 (-0.5%).


Louisiana unemployment rate May 2023: 3.6% - % change from May 2022 (0.1%).


Alabama unemployment rate May 2023: 2/2% - % change from May 2022 (-0.3%). (Dept of Labor 06/16/23) State Employment and Unemployment Summary - 2023 M05 Results (bls.gov)

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