New Mexico's jobless rate fell to 6 percent last month

25 January, 2018, 02:43 | Author: Charlene Valdez
  • NM unemployment still second-worst in US

The latest numbers from the U.S. Bureau of Labor Statistics shows that New Mexico's unemployment rate in December 2017 fell to 6 percent, down from 6.7 percent in December 2016.

Alaska's unemployment rate is the nation's highest, at 7.3 percent. Charleston County had the lowest unemployment rate at 3.3 percent.

The estimated number of countians with jobs decreased in December to 44,800.

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The number of residents receiving unemployment benefits declined by almost 900, to 2,547, while the number of new applications increased by 123 to 455. It was 4.7 percent the month before.

Unemployment increased by less than 1 percentage point in the Youngstown-Warren metropolitan area - rising from 5.6 percent to 6 percent between November and December of 2017. "With almost 63,000 jobs available across the state, DEW is preparing our residents, including those with barriers to employment, to be able to succeed in those jobs", said Cheryl Stanton, executive director of the S.C. Department of Employment and Workforce.

Unemployment estimates in surrounding counties had increases across the board.

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Fairfield County continued to have the highest unemployment rate at 9.5 percent. Jobs in trade, transportation, and utilities declined 1,200, largely affected by retail trade (-1,500). While the state's unemployment remains below the national average, Maryland experienced job losses across all major sectors last month, led by professional and business services, which shed 6,000 jobs.

Compared to December 2016, nonfarm payroll jobs in Arkansas are up 16,100.

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