Highest Unemployment States

Highest Unemployment States are in unrelated job markets

Highest Unemployment States are Alaska, District of Columbia, and New Mexico.  Two of the job markets that have unemployment rates higher today than a year ago are Alaska (6.6% – 2016 and 7.2% – 2017) and the District of Columbia (5.8% – 2016 and 6.6% – 2017).

Highest Unemployment States - Graphic

The interesting fact about these three states is that they have seen little of the positive effects of the improvement in the national job market with its low unemployment numbers.

National Unemployment Rate - Graphic
The U.S. national unemployment rate is at the lowest levels that it has been at in over seven (7) years.

The current unemployment rate for the U.S. is just about the full employment rate (4.1% versus 4.0%).  At that level companies typically begin to increase salaries to help acquire and maintain the necessary staffing levels to meet operational objectives.

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Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA’s Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.

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