Latest Employment figures News

Idaho unemployment rate continues with historic lows

May. 20, 2022 15:43 PM EDT

BOISE, Idaho (AP) — Idaho’s unemployment rate in April dropped a tenth of a percent to 2.6% to mark a third consecutive month of historic lows since record-keeping started in 1976, state officials said Friday. The Idaho Department of Labor said that 913,000 workers have jobs...

California adds new jobs as economy shows signs of slowing

May. 20, 2022 14:49 PM EDT

SACRAMENTO, Calif. (AP) — California employers added 41,400 new jobs in April, dropping the state's unemployment rate to the lowest its been since the start of the pandemic following 14 consecutive months of growth. The nation's most populous state has now regained more than 91% of...

Pennsylvania jobless rate fell; payrolls, labor force up

May. 20, 2022 14:43 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania’s payrolls and workforce grew in April as the state's unemployment rate sank to a post-pandemic low, according to new state figures released Friday. Pennsylvania’s unemployment rate dropped one-tenth of a percentage point to 4.8% from March's...

NC jobless rate falls to 3.4%, dropping toward 1990s levels

May. 20, 2022 12:31 PM EDT

RALEIGH, N.C. (AP) — North Carolina's unemployment rate for April fell further below pre-pandemic levels, the state Commerce Department announced Friday, as the number of newly hired workers continued to increase. The seasonally adjusted rate of 3.4% represents a 0.1 percentage...

Alabama jobless rate drops to all-time low of 2.8%

May. 20, 2022 10:16 AM EDT

MONTGOMERY, Ala. (AP) — Alabama's unemployment rate dropped to an all-time low of 2.8% last month, the state said Friday, down slightly from a month earlier and well below the national rate. The preliminary, seasonally adjusted rate was 0.1% better than in March, and it compared...

Beshear: Kentucky posts its lowest-ever unemployment rate

May. 19, 2022 14:45 PM EDT

FRANKFORT, Ky. (AP) — Kentucky posted its lowest-ever unemployment rate in April, offering more proof of the state's unprecedented economic momentum, Gov. Andy Beshear said Thursday. The state's seasonally adjusted, preliminary jobless rate fell to 3.9% in April, the Democratic...

Georgia jobless rate stays at record low 3.1% in April

May. 19, 2022 11:03 AM EDT

ATLANTA (AP) — Georgia's unemployment rate continued to hover at a record low of 3.1% in April as more people continued to find jobs. The jobless rate was unchanged from March, when it set a new all-time low. A year ago, 4.3% of Georgia workers were unemployed. More...

More Americans apply for jobless benefits last week

May. 19, 2022 08:44 AM EDT

WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low. Applications for unemployment benefits rose by 21,000 to 218,000 for the week ending May 14, the Labor Department reported...

Yellen: Ukraine war fallout threatens 'stagflation,' hunger

May. 18, 2022 14:06 PM EDT

BONN, Germany (AP) — Treasury Secretary Janet Yellen warned Wednesday that Russia's February invasion of Ukraine has produced a sharp increase in food and energy prices that is contributing to a slowdown in growth and creating greater risk of global stagflation. “This is an...

Powell: Fed to keep hiking rates until it controls inflation

May. 17, 2022 16:43 PM EDT

WASHINGTON (AP) — Chair Jerome Powell on Tuesday underscored the Federal Reserve's determination to keep raising interest rates until there is clear evidence inflation is steadily falling — a high-stakes effort that carries the risk of causing an eventual recession. The Fed's...