financetom
Economy
financetom
/
Economy
/
May Unemployment Rate Declines Most in Arizona
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
May Unemployment Rate Declines Most in Arizona
Jun 25, 2024 7:38 AM

10:28 AM EDT, 06/25/2024 (MT Newswires) -- State-level data released by the Bureau of Labor Statistics Tuesday showed the unemployment rate fell in four states in May, rose in three and held steady elsewhere.

The largest unemployment rate decline was in Arizona, where it fell by 0.2 percentage point. North Dakota and South Dakota had the lowest rate at 2% while the District of Columbia had the highest at 5.3%.

The national unemployment rate was reported at 4% in May, up from 3.9% in April.

Nonfarm payrolls rose in seven states and the District of Columbia, and were little changed elsewhere. Nationwide nonfarm payrolls rose by 272,000 in May after 165,000 gain in April.

The largest payrolls gain in absolute terms was in California, which added 43,700 jobs, followed by Texas with 41,800. Idaho's 0.9% 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 >
Analysis-Wall Street straps in for Trump's tariff reveal; sees no end to fog of uncertainty
Analysis-Wall Street straps in for Trump's tariff reveal; sees no end to fog of uncertainty
Mar 28, 2025
NEW YORK (Reuters) -U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek. Investors entered 2025 bullish about pro-growth government policies under Trump, but instead the stock market has swooned since his inauguration. Headlines on tariffs...
Analysis-Wall Street straps in for Trump's tariff reveal; sees no end to fog of uncertainty
Analysis-Wall Street straps in for Trump's tariff reveal; sees no end to fog of uncertainty
Mar 28, 2025
NEW YORK (Reuters) -U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek. Investors entered 2025 bullish about pro-growth government policies under Trump, but instead the stock market has swooned since his inauguration. Headlines on tariffs...
Recession alarm bells are ringing: 5 smart savings strategies to prepare
Recession alarm bells are ringing: 5 smart savings strategies to prepare
Mar 28, 2025
The odds of a recession are rising, according to economists. A tumbling stock market, escalating trade tensions with China, a disappointing jobs report, tariffs and worsening consumer sentiment have made for a turbulent first quarter of 2025. While President Donald Trump says he doesn't see a U.S. recession on the horizon, according to Bloomberg, financial experts are increasingly cautious. Rather...
Judge blocks Trump's Labor Department from requiring grant recipients to abandon DEI
Judge blocks Trump's Labor Department from requiring grant recipients to abandon DEI
Mar 28, 2025
(Removes broken hyperlink in paragraph 8) By Luc Cohen (Reuters) -A U.S. judge on Thursday temporarily allowed Labor Department grant recipients to continue their diversity, equity and inclusion programs, but the judge allowed the Trump administration to bar most equity-related grants. The order by U.S. District Judge Matthew Kennelly in Chicago will prevent the Labor Department from requiring grantees to certify...
Copyright 2023-2026 - www.financetom.com All Rights Reserved