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The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication. [ 1][ 2] While the non-seasonally adjusted data ...
U.S. states by net employment rate (% of population 16 and over) 2022 [1]; National rank State Employment rate in % (total population) Annual change (%)
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.
The state’s unemployment rate sits at 3.4% as of the latest data from the Bureau of Labor Statistics. That figure is in line with much of the country, with rates relatively low nationwide.
Although unemployment rates have dropped dramatically in recent years, one state has a significantly higher ratio of residents without jobs.
The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019. [ 40] By August 2023, it reached 3.8 percent.
Unemployment: Arizona’s unemployment rate is 3.4%, compared to 4.9% in 2019 under former President Trump. Personal income: Arizona’s income increased by 8.4% during the first quarter of 2024 ...