BLS: State unemployment rates were "little changed" in June

by Bill McBride

Note: This data was released yesterday. From the BLS: Regional and state unemployment rates were little changed in June

Twenty-eight states had unemployment rate increases, 11 states had decreases, and 11 states and the District of Columbia had no change, the U.S. Bureau of Labor Statistics reported today.
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Nevada had the highest unemployment rate among the states in June, 9.6 percent. The next highest rates were in Illinois and Mississippi, 9.2 percent and 9.0 percent, respectively. North Dakota again had the lowest jobless rate, 3.1 percent.

This graph shows the current unemployment rate for each state (red), and the max during the recession (blue). All states are below the maximum unemployment rate for the recession.



The size of the blue bar indicates the amount of improvement - Michigan and Nevada have seen the largest declines and many other states have seen significant declines (California, Florida and more).

The states are ranked by the highest current unemployment rate. No state has double digit unemployment and the unemployment rate is at or above 9% in only three states: Nevada, Illinois, and Mississippi. This is the fewest states with 9% unemployment since 2008.

For some of the sand states (largest real estate bubble states), the improvement has been significant. The unemployment rate in California has declined from 10.6% in June 2012 to 8.5% in June 2013. The unemployment rate in Florida has declined from 8.8% in June 2012 to 7.1% in June 2013.

- more -

http://www.calculatedriskblog.com/2013/07/bls-state-unemployment-rates-were.html