Job market improves – 25 states now at full employment levels
Job market improves to the point that there are currently 25 states, (including the District of Columbia), that have unemloyment rates of 4% or less. At those levels most HR professionals consider those areas as being at full employment levels.
The striking factor in our analysis of the data is the dramatic improvement in the unemployment levels if the 25 states that are at full emploment. It is almost as if a light swith has been flipped.
Almost one half of the states have unemployent levels that are 2 to 3 percent range.
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