States unemployment

States unemployment in December 2017 higher in one more state

States Unemployment – The December BLS data shows there are 4 states with high unemployment number.  The states are Alaska 7.3%, District of Columbia 6.0%, New Mexico 6.0% and West Virginia 5.5%.

States with high unemployment

The question is what is the impact of this change on the IT Job Market?  Our answer is none as we still have 23 states in “full-employment” with full employment being defined as an unemployment rate of 4% or less.

Full Employment states
the bellwether states of Utah, Colorado, Massachusetts, Virginia, Florida, and Texas are all at unemployment rates of 3.9% or less

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.