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The Jobless Rate Is at a Half-Century Low. In These States, It’s Even Lower.
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The labor market broadly improved across the U.S. last year, with every state adding jobs in 2022, but the pace of gains varied widely.
The national unemployment rate fell to a seasonally adjusted 3.5% in December, matching the lowest reading in a half century. Some states had significantly lower rates. Utah had the nation’s lowest rate at 2.2% last month, according to the Labor Department. Other states’ rates were much higher, led by Nevada’s at 5.2%.
Read more on wsj.comAbout this in other media
Where Are Layoffs Declining the Most? States Near the Nation’s Capital wsj.com /1 year ago
Where Are Layoffs Declining the Most? States Near the Nation’s Capital wsj.com /1 year ago
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