financetom
Economy
financetom
/
Economy
/
April Unemployment Rate Declines Largest in Arizona, Mississippi, Montana and Maine
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
April Unemployment Rate Declines Largest in Arizona, Mississippi, Montana and Maine
May 17, 2024 7:35 AM

10:12 AM EDT, 05/17/2024 (MT Newswires) -- State-level data released by the Bureau of Labor Statistics Friday showed the unemployment rate fell in five states in April, rose in two and held steady elsewhere.

The largest unemployment rate declines were in Arizona, Mississippi, Montana and Maine, where it fell by 0.2 percentage point in each state. North Dakota and South Dakota had the lowest rate at 2% each, while California had the highest at 5.3%.

The national unemployment rate was reported at 3.9% in April, up from 3.8% in March.

Nonfarm payrolls rose in six states and were little changed elsewhere. Nationwide nonfarm payrolls rose by 175,000 in April after a 315,000 gain in March.

The largest payrolls gain in absolute terms was in Florida, which added 45,300 jobs, followed by Texas with 42,600 jobs. Missouri's 0.6% gain was the largest percentage increase.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US equity fund outflows ease on renewed hopes for Fed rate cuts
US equity fund outflows ease on renewed hopes for Fed rate cuts
Jan 24, 2025
(Reuters) - Outflows from U.S. equity funds cooled to the lowest in three weeks in the week to Jan. 22, buoyed by shifting expectations for a pause in rate cuts after a benign U.S. core inflation report bolstered equities. Weekly net selling in U.S. equity funds fell off to $3.2 billion during the week from about $8.26 billion worth of...
5 S&P 500 Stocks Set To Shine In The Final Week Of January — If History Repeats Itself
5 S&P 500 Stocks Set To Shine In The Final Week Of January — If History Repeats Itself
Jan 23, 2025
The S&P 500 is charging into the final week of January at record highs, breaking above 6,100 points as investors digest a cocktail of economic optimism, earnings strength, and major policy shifts from Washington. At the center of this market euphoria is Donald Trump. The newly sworn-in 47th U.S. president began his first week with a series of executive orders...
US equity fund outflows ease on renewed hopes for Fed rate cuts
US equity fund outflows ease on renewed hopes for Fed rate cuts
Jan 24, 2025
(Reuters) - Outflows from U.S. equity funds cooled to the lowest in three weeks in the week to Jan. 22, buoyed by shifting expectations for a pause in rate cuts after a benign U.S. core inflation report bolstered equities. Weekly net selling in U.S. equity funds fell off to $3.2 billion during the week from about $8.26 billion worth of...
Trump demands Fed cut rates, claims better monetary policy understanding
Trump demands Fed cut rates, claims better monetary policy understanding
Jan 23, 2025
(Reuters) -U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary policy better than those charged with setting it. With oil prices going down, I'll demand that interest rates drop immediately, and likewise they should be dropping...
Copyright 2023-2026 - www.financetom.com All Rights Reserved