Today: Thursday, 25 April 2024 year

U.S. Labor Department: unemployment rates are far below US level in 16 states

U.S. Labor Department: unemployment rates are far below US level in 16 states

The statistics of the Labor Department show a steady trend, unemployment rates have fallen to extremely low levels in 16 U.S. states. Being more accurate, unemployment rates in 16 states now are 4.7 percent, and that’s a great result.

The Labor Department reports on the unemployment rate in the U.S., which is unprecedently low now, about 4.7 percent in 16 states. Arkansas showed even better result — 3.8 percent, such a low level was registered in 1976 only. However, U.S. could add only 38,000 jobs in May 2016, that’s very weak result.

Another positive trend is steady hiring, this activity lowers unemployment scale in the every state. On the other hand, this trend may be so steadily on other reason: people just stopping their job hunt. The national statistics is able to count unemployed persons only if he/she is in active search of work.

Meanwhile in 16 stated unemployment rate fell down, in 43 states situation is the same, shows the statistics of the US Labor Department.