State Unemployment Rates September 2016 shows a mixed picture of the US Job Market
State Unemployment Rates – The September 2016 data shows a mixed picture with five (5) states that have unemployment levels over 6%. In addition 3 of those states have a rate that is higher this September versus September of last year. Those stages are Alaska (6.9% versus 6.6%); Oklahoma (6.7% versus 6.5%); and, Minnesota (6.4% versus 6.0%).
On the plus side – States with the Lowest Unemployment — Full Employment States
Several states have very low unemployment rates. In July there were 13 states that we considered high unemployment states in August that picture has changed and now there are only 12 full employment states.
Of the 12 full employment in September four (4) had higher unemployment rates that the same month last year: Nevada, New York, Rhode Island, and South Carolina.
What does all this mean? First, the data shows that the recovery is tepid at best for most of the individual states. Second, the recovery is spotty in most of the rest of the country except for a few bright spots like New York. In New York, the unemployment rate has fallen significantly from the depths of the recession.