Regional and State Employment Remains Unchanged

By July 20, 2012Economy

The Bureau of Labor Statistics reported that regional and state employment numbers did not change much in June. Given that this corresponds to this corresponded with disappointing national job creation numbers (e.g., up just 80,000), this should not be surprising.

The highest unemployment rates in the country continue to be in Nevada (11.6 percent), Rhode Island (10.9 percent), and California (10.7 percent). North Dakota’s 2.9 percent unemployment rate makes it the lowest, with Nebraska (3.8 percent) and South Dakota (4.3 percent) following closely behind.

States with the fastest growth in manufacturing employment in June include Ohio (up 4,700), Tennessee (up 2,900), Indiana (up 2,800), Washington (up 2,400), and Illinois (up 2,400). At the other end of the spectrum, the largest losses occurred in California (down 4,400), Texas (down 3,400), Florida (down 3,000), New York (down 3,000), and New Jersey (down 2,400).

Taking a longer view, Michigan still leads the pack with the most manufacturing job gains since the end of the 2007-2009 recession. Since December 2009, it has added 64,000 net new workers. It was followed by Ohio (up 49,200), Indiana (up 48,400), Texas (up 45,700), and Illinois (up 42,900).

Chad Moutray is chief economist, National Association of Manufacturers.

Chad Moutray

Chad Moutray

Chad Moutray is chief economist for the National Association of Manufacturers (NAM) and the Director of the Center for Manufacturing Research for The Manufacturing Institute, where he serves as the NAM’s economic forecaster and spokesperson on economic issues. He frequently comments on current economic conditions for manufacturers through professional presentations and media interviews. He has appeared on Bloomberg, CNBC, C-SPAN, Fox Business and Fox News, among other news outlets.
Chad Moutray

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