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Bloomberg
The unemployment rate fell in nearly every US state last month, including in eight states where it dropped to a record low.
Nebraska, with a jobless rate of 1.8%, had the lowest in the country, followed closely by Utah at 2.1%, according to Labour Department data. Arkansas, Georgia, Montana, Oklahoma, West Virginia and Wisconsin also posted record lows.
Meanwhile, payrolls increased in nearly every state in November, underscoring the continuing recovery of the nation’s job market. While millions of Americans remain out of work or on the sidelines, the report emphasises just how far employment has climbed back since the start of the pandemic.
Separate data showed the pace of quits eased in most states in October, a welcome respite for companies plagued by turnover in a tight jobs
market. Vacancies increased in
32 states and the District of
Columbia in the month.
The state data follows the national jobs report, which earlier this month showed that the US unemployment rate fell to 4.2% in November and payrolls climbed less than expected. Job openings jumped in October to the second-highest on record while quits dropped for the first time since May, according to nationwide data released last week.