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Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 219,000 for the week ended February 15. Economists polled by Reuters had forecast 215,000 claims for the latest week.
Workers in most states have 26 weeks of paid unemployment benefits, but according to the Bureau of Labor Statistics, 21% of workers are now taking more than 27 weeks to find a new job, up 3% from ...
Arkansas is the latest state planning to stop some of its federally-funded unemployment benefits at the end of June. Mississippi and Arkansas become latest states to cancel federal unemployment ...
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
Futures tied to major US stock indexes rallied on the news. S&P 500 futures put on nearly 0.8%, while Dow Jones Industrial Average futures added roughly 0.5%.Contracts on the tech-heavy Nasdaq 100 ...
When it comes to unemployment in America, the good news is that rates in general are low. As of June 2022, the Bureau of Labor Statistics announced that the national unemployment rate was 3.6% for ...