State Employment Trends: October 2011

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Employment may be on the road to recovery with the majority of markets showing signs of growth. NAR economists explores the state employment trends.

Employment may be on the road to recovery with the majority of markets showing signs of growth. NAR economists explores the state employment trends.

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  • National Association of REALTORS® Research National Association of REALTORS® Research
  • http://www.bls.gov/web/laus/mstrtcr1.gif National Association of REALTORS® Research National Association of REALTORS® Research

Transcript

  • 1. State Employment Trends November 2011 National Association of REALTORS® Research Division Compilation of Data from the Bureau of Labor Statistics
  • 2. Data Highlights
    • The US unemployment rate was down slightly in October at 9.0 percent and is down from 9.7 percent a year ago.
    • State by state, the pattern was somewhat different but most states saw similar trends. 36 states and DC saw the unemployment rate improve in the month; an additional 9 saw no increase. From one month ago, Alabama, Michigan, and Minnesota had the biggest improvement each seeing a 0.5 percent drop in the unemployment rate.
    • Since October one year ago, 40 states have had an improvement in the unemployment rate. New Mexico—now at 6.6 percent from 8.6 percent—had the largest improvement in this period followed by Florida and Nevada where the improvement was 1.5 percent each.
    • In October, North Dakota, Nebraska, and South Dakota had the lowest unemployment rates—all under 5 percent. At the same time, 10 states and the District of Columbia had double-digit unemployment rates.
  • 3. More Highlights and Outlook
    • 45 states and the District of Columbia had positive job growth in the last year, and 39 states and D.C. had positive job growth in October—a time when net job growth was about 80,000 jobs for the nation. The average change among states was a 0.2% increase, in line with the historic average of national payroll job growth each month of 0.1% to 0.2%.
    • The greatest job growth in October was in Delaware, while Wisconsin had the largest job decline (both as a share of previous payrolls).
    • Moving forward, increasing labor force participation may keep the unemployment rate high even as jobs are being added.
    • The following slides show state-level detail of unemployment rates and payroll employment.
  • 4.  
  • 5. AKLNAGRA
    • "All Employees: Total Nonagricultural, Alaska"
    • " % Change - Year to Year SA, Thous"
    • AKLNAGRA.EMF (LABORR) AKLNAGRA 9901-10912
  • 6. AZLNAGRA
    • All Employees: Total Nonagricultural, Arizona
    • SA, Thous
    • AZLNAGRA.EMF (LABORR) AZLNAGRA 10504-11003
  • 7. ARLNAGRA
    • All Employees: Total Nonagricultural, Arkansas
    • SA, Thous
    • ARLNAGRA.EMF (LABORR) ARLNAGRA 10504-11003
  • 8. CALNAGRA
    • All Employees: Total Nonfarm, California
    • SA, Thous
    • CALNAGRA.EMF (LABORR) CALNAGRA 10504-11003
  • 9. COLNAGRA
    • All Employees: Total Nonagricultural, Colorado
    • SA, Thous
    • COLNAGRA.EMF (LABORR) COLNAGRA 10504-11003
  • 10. CTLNAGRA
    • All Employees: Total Nonagricultural, Connecticut
    • SA, Thous
    • CTLNAGRA.EMF (LABORR) CTLNAGRA 10504-11003
  • 11. DELNAGRA
    • All Employees: Total Nonagricultural, Delaware
    • SA, Thous
    • DELNAGRA.EMF (LABORR) DELNAGRA 10504-11003
  • 12. DCLNAGRA
    • All Employees: Total Nonagricultural, D.C.
    • SA, Thous
    • DCLNAGRA.EMF (LABORR) DCLNAGRA 10504-11003
  • 13. FLLNAGRA
    • All Employees: Total Nonagricultural, Florida
    • SA, Thous
    • FLLNAGRA.EMF (LABORR) FLLNAGRA 10504-11003
  • 14. GALNAGRA
    • All Employees: Total Nonagricultural, Georgia
    • SA, Thous
    • GALNAGRA.EMF (LABORR) GALNAGRA 10504-11003
  • 15. HILNAGRA
    • All Employees: Total Nonagricultural, Hawaii
    • SA, Thous
    • HILNAGRA.EMF (LABORR) HILNAGRA 10504-11003
  • 16. IDLNAGRA
    • All Employees: Total Nonagricultural, Idaho
    • SA, Thous
    • IDLNAGRA.EMF (LABORR) IDLNAGRA 10504-11003
  • 17. ILLNAGRA
    • All Employees: Total Nonfarm, Illinois
    • SA, Thous
    • ILLNAGRA.EMF (LABORR) ILLNAGRA 10504-11003
  • 18. INLNAGRA
    • All Employees: Total Nonagricultural, Indiana
    • SA, Thous
    • INLNAGRA.EMF (LABORR) INLNAGRA 10504-11003
  • 19. IALNAGRA
    • All Employees: Total Nonagricultural, Iowa
    • SA, Thous
    • IALNAGRA.EMF (LABORR) IALNAGRA 10504-11003
  • 20. KSLNAGRA
    • All Employees: Total Nonagricultural, Kansas
    • SA, Thous
    • KSLNAGRA.EMF (LABORR) KSLNAGRA 10504-11003
  • 21. KYLNAGRA
    • All Employees: Total Nonagricultural, Kentucky
    • SA, Thous
    • KYLNAGRA.EMF (LABORR) KYLNAGRA 10504-11003
  • 22. LALNAGRA
    • All Employees: Total Nonagricultural, Louisiana
    • SA, Thous
    • LALNAGRA.EMF (LABORR) LALNAGRA 10504-11003
  • 23. MELNAGRA
    • All Employees: Total Nonagricultural, Maine
    • SA, Thous
    • MELNAGRA.EMF (LABORR) MELNAGRA 10504-11003
  • 24. MDLNAGRA
    • All Employees: Total Nonagricultural, Maryland
    • SA, Thous
    • MDLNAGRA.EMF (LABORR) MDLNAGRA 10504-11003
  • 25. MALNAGRA
    • All Employees: Total Nonagricultural, Massachusetts
    • SA, Thous
    • MALNAGRA.EMF (LABORR) MALNAGRA 10504-11003
  • 26. MILNAGRA
    • All Employees: Total Nonagricultural, Michigan
    • SA, Thous
    • MILNAGRA.EMF (LABORR) MILNAGRA 10504-11003
  • 27. MNLNAGRA
    • All Employees: Total Nonagricultural, Minnesota
    • SA, Thous
    • MNLNAGRA.EMF (LABORR) MNLNAGRA 10504-11003
  • 28. MSLNAGRA
    • All Employees: Total Nonagricultural, Mississippi
    • SA, Thous
    • MSLNAGRA.EMF (LABORR) MSLNAGRA 10504-11003
  • 29. MOLNAGRA
    • All Employees: Total Nonagricultural, Missouri
    • SA, Thous
    • MOLNAGRA.EMF (LABORR) MOLNAGRA 10504-11003
  • 30. MTLNAGRA
    • All Employees: Total Nonagricultural, Montana
    • SA, Thous
    • MTLNAGRA.EMF (LABORR) MTLNAGRA 10504-11003
  • 31. NELNAGRA
    • All Employees: Total Nonagricultural, Nebraska
    • SA, Thous
    • NELNAGRA.EMF (LABORR) NELNAGRA 10504-11003
  • 32. NVLNAGRA
    • All Employees: Total Nonagricultural, Nevada
    • SA, Thous
    • NVLNAGRA.EMF (LABORR) NVLNAGRA 10504-11003
  • 33. NHLNAGRA
    • Units All Employees: Total Nonagricultural, New Hampshire
    • SA, Thous.
    • NHLNAGRA.EMF (LABORR) NHLNAGRA 10504-11003
  • 34. NJLNAGRA
    • All Employees: Total Nonfarm, New Jersey
    • SA, Thous
    • NJLNAGRA.EMF (LABORR) NJLNAGRA 10504-11003
  • 35. NMLNAGRA
    • All Employees: Total Nonagricultural, New Mexico
    • SA, Thous
    • NMLNAGRA.EMF (LABORR) NMLNAGRA 10504-11003
  • 36. NYLNAGRA
    • All Employees: Total Nonfarm, New York
    • SA, Thous
    • NYLNAGRA.EMF (LABORR) NYLNAGRA 10504-11003
  • 37. NCLNAGRA
    • All Employees: Total Nonagricultural, North Carolina
    • SA, Thous
    • NCLNAGRA.EMF (LABORR) NCLNAGRA 10504-11003
  • 38. NDLNAGRA
    • All Employees: Total Nonagricultural, North Dakota
    • SA, Thous
    • NDLNAGRA.EMF (LABORR) NDLNAGRA 10504-11003
  • 39. OHLNAGRA
    • All Employees: Total Nonagricultural, Ohio
    • SA, Thous
    • OHLNAGRA.EMF (LABORR) OHLNAGRA 10504-11003
  • 40. OKLNAGRA
    • All Employees: Total Nonagricultural, Oklahoma
    • SA, Thous
    • OKLNAGRA.EMF (LABORR) OKLNAGRA 10504-11003
  • 41. ORLNAGRA
    • All Employees: Total Nonagricultural, Oregon
    • SA, Thous
    • ORLNAGRA.EMF (LABORR) ORLNAGRA 10504-11003
  • 42. PALNAGRA
    • All Employees: Total Nonagricultural, Pennsylvania
    • SA, Thous
    • PALNAGRA.EMF (LABORR) PALNAGRA 10504-11003
  • 43. RILNAGRA
    • All Employees: Total Nonagricultural, Rhode Island
    • SA, Thous
    • RILNAGRA.EMF (LABORR) RILNAGRA 10504-11003
  • 44. SCLNAGRA
    • All Employees: Total Nonagricultural, South Carolina
    • SA, Thous
    • SCLNAGRA.EMF (LABORR) SCLNAGRA 10504-11003
  • 45. SDLNAGRA
    • All Employees: Total Nonagricultural, South Dakota
    • SA, Thous
    • SDLNAGRA.EMF (LABORR) SDLNAGRA 10504-11003
  • 46. TNLNAGRA
    • All Employees: Total Nonagricultural, Tennessee
    • SA, Thous
    • TNLNAGRA.EMF (LABORR) TNLNAGRA 10504-11003
  • 47. TXLNAGRA
    • All Employees: Total Nonfarm, Texas
    • SA ,Thous
    • TXLNAGRA.EMF (LABORR) TXLNAGRA 10504-11003
  • 48. UTLNAGRA
    • All Employees: Total Nonagricultural, Utah
    • SA, Thous
    • UTLNAGRA.EMF (LABORR) UTLNAGRA 10504-11003
  • 49. VTLNAGRA
    • All Employees: Total Nonagricultural, Vermont
    • SA, Thous
    • VTLNAGRA.EMF (LABORR) VTLNAGRA 10504-11003
  • 50. VALNAGRA
    • All Employees: Total Nonagricultural, Virginia
    • SA, Thous
    • VALNAGRA.EMF (LABORR) VALNAGRA 10504-11003
  • 51. WALNAGRA
    • All Employees: Total Nonagricultural, Washington
    • SA, Thous
    • WALNAGRA.EMF (LABORR) WALNAGRA 10504-11003
  • 52. WVLNAGRA
    • All Employees: Total Nonagricultural, West Virginia
    • SA, Thous
    • WVLNAGRA.EMF (LABORR) WVLNAGRA 10504-11003
  • 53. WILNAGRA
    • All Employees: Total Nonagricultural, Wisconsin
    • SA, Thous
    • WILNAGRA.EMF (LABORR) WILNAGRA 10504-11003
  • 54. WYLNAGRA
    • All Employees: Total Nonagricultural, Wyoming
    • SA, Thous
    • WYLNAGRA.EMF (LABORR) WYLNAGRA 10504-11003
  • 55. ALLNAGRA
    • All Employees: Total Nonagricultural, Alabama
    • SA, Thous
    • ALLNAGRA.EMF (LABORR) ALLNAGRA 10509-11008