Unemployment Rates by State

Nationwide according to the U.S. Bureau of Labor Statistics the Seasonally Adjusted Unemployment rate is 4.4% but when you look a bit closer you will see that there is quite a bit of variation by state. Alaska has the highest unemployment at 6.8% and North Dakota and Colorado have the lowest at 2.3%. What causes the difference between states?

North Dakota Jobs Booming

While the unemployment rate in most of the United States hovers around 9% an unlikely sounding state is booming. The current unemployment rate in North Dakota of all places is just 3.5% according the September report of the U.S. Bureau of Labor Statistics. (Nationwide, the rate is 9.1%). An oil boom has sprung up and […]