State jobless rate edges up to 3.9 percent in April

Remigio Civitarese
Mag 20, 2017

Private sector jobs, a subset of total nonfarm jobs, decreased by 5,000 from the previous month.

The labor force includes those who are employed and those actively seeking work.

"These figures further reduce any lingering chances of more rate cuts", adds Paul Dales, chief economist at Capital Economics.

Oregon's unemployment rate dipped to 3.7 percent in April: It was the lowest mark since the state started keeping comparable records in 1976. The line for several years marked the county with the worst unemployment in the state, and with one of the worst unemployment rates of any county in the nation. Employment is reported to have lifted by a very strong 37,400 in April after increasing by a massive 60,000 in March.

The year-over change, April 2016 to April 2017, shows an increase of 236,700 jobs (up 1.4 percent).

Monthly gains were seen in the leisure and hospitality sector (+4,800), the professional and business services sector (+1,600), and the government sector (+1,400), among others.

Employment Security paid unemployment insurance benefits to 60,386 people in April. This represents an increase of 5.2 percent.

Education and health services faced the biggest reduction in April, losing 1,200 jobs. The state also said the March job loss of 17,500 was revised to a narrower loss of 12,500 positions. "Employers are hiring in Alabama, and it shows in these numbers".

In addition, there 10,625 more jobs in the state in April than in March, and 9,875 more than in April 2016.

Full-time work is up by 42,000 this year, after falling 11,600 last month. Nondurable manufacturing accounted for the remainder of the decrease this month. It had the second fastest annual job growth rate compared to all the metro areas in the state in trade, transportation, and utilities (+5.4 percent) in April 2017. Since April 2016, that rate has increased by 1.5 percent, according to a release from the state. State and federal government employment contracted, as well.

Job gains and losses are estimates based on a survey by the U.S. Bureau of Labor Statistics. "Unemployment continues to drop, private sector jobs are on the rise and Florida families are flourishing".

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE