Job Market – DC leads the country with the highest unemployment rate
19 states have unemployment rates of 6.0% or greater in December
Even with the slight improvement in the job market 19 states continue to have high unemployment. California still is at 7% and DC tops the list with a whopping 7.3% rate. When you add in the participation rate in both of these job markets the true unemployment rate is closer to 10%.
States with High Unemployment – 19 States have 6.0% or greater unemployed
Add on to this the increase in the labor force due to the recent actions on illegal immigration and the job market picture is not as rosy as depicted by the overall national unemployment rate.
Labor Force Participation
In December of 2014 the work force participation percentage of all employees (male and female) fell to 62.7% as more individuals left the job market. This more than offset the gain in the number of new jobs created.
During the recession of 2009 – 2013 unemployment in the IT Industry had not been as high as the rest of the United States. Older workers had a higher unemployment rate than your ones. In addition, female high tech employees have not as well as their male counterparts. This is especially true for workers over the age of 55. The unemployment rate for women over the age of 55 for computer and math workers in 2010 was 9.4% versus 8.0% for men.