Unemployment falls in just 23 US states as hiring slows
Source: AP-Excite
By CHRISTOPHER S. RUGABER
WASHINGTON (AP) Unemployment rates fell in 23 U.S. states last month and rose in 12 as employers pulled back on hiring and a slowdown in oil and gas drilling caused big job losses in some states.
The Labor Department said Tuesday that unemployment rates were unchanged in 15 states. Thirty-one state lost jobs while hiring picked up in just 18 states.
The biggest job cuts occurred in states with large oil and gas drilling, led by Texas, which lost 25,400 jobs, and followed by Oklahoma, which cut 12,900. Pennsylvania lost 12,700, the third largest loss. A sharp fall in oil prices since last June has caused oil and gas companies to cut back on drilling.
Nationwide, employers added just 126,000 jobs in March, the fewest in a year. The unemployment rate remained 5.5 percent.
FULL story at link.
FILE - In this Jan. 14, 2015 file photo, some of the 60 rigs that are drilling surrounding McKenzie County, 40 percent of the rigs statewide, work in western North Dakota. Released on Tuesday, April 21, 2015, unemployment rates fell in 23 U.S. states last month and rose in 12 as employers pulled back on hiring and a slowdown in oil and gas drilling caused big job losses in some states. (AP Photo/Matthew Brown, File)
Read more: http://apnews.excite.com/article/20150421/us--state_unemployment-ffa7f60fc4.html
JDPriestly
(57,936 posts)took the statistics. I'd like to know what other states are on the list and how they ranked.
Omaha Steve
(99,632 posts)JDPriestly
(57,936 posts)Elmer S. E. Dump
(5,751 posts)rtracey
(2,062 posts)The average unemployment rate in the US since 2005 has been about 5%. Right now this country is 1/2 % above that average, this is basically where we may stay.....Unfilled jobs cost the U.S. economy $160 billion a year, and there are about 4 Million U.S. Job Openings. Job seekers are unwilling to move cities or work in unfamiliar positions; Employers are holding out for the elusive perfect candidate; and schools just arent providing the right skills. This is where we need to improve. Teaching the skills that are needed to fill these positions, and willing to relocate to Utah or Ohio for a position is very important too. Hard to live in New York or Miami and not work.....
jtuck004
(15,882 posts)Helps us pretend that unemployment is better than it is.
Major Hogwash
(17,656 posts)Hell, I knew about this last December!!
But, nobody here wanted to talk very much about why the oil companies were slowing down their drilling efforts back then.