U.S. Job Market continues to improve
U.S. Job Market continues to improve. There now are 36 states (including the District of Columbia) that have an unemployment rate that is 4.0% or lower. That is one more state than in the prior month.
Looking at the data for individual states for a year to year comparison, the picture is even brighter.
Hawai was at such a low rate last year that the shortage of workers slowed the economy there. The fact that it is an island only magnifies the issues it has to deal with when it low unemploymnent and high unemployment.