Unemployment Rate Drops In 29 States

| by Amanda Andrade-Rhoades
man working at his deskman working at his desk

According to the Bureau of Labor Statistics, the unemployment rate in 29 states dropped dropped in August. The rate didn’t change in 11 states, but the remaining 10 saw an increase in joblessness.

Nationally, the jobless rate stands at 5.1 percent, a full percentage point lower than August 2014.

The energy sector continues to struggle, resulting in poor employment results in states where oil drives a large portion of the economy. For example,  South Dakota, a hub for oil and gas drilling,  saw a -0.7 percent decline in hiring, the highest figure of any state. However, the Midwest overall had the lowest regional unemployment rate, 4.6 percent.

The new statistics differ from an earlier report from the government that asserted 41 states and the District of Columbia had unemployment rate decreases from a year earlier, seven states had increases, and two states had no change, The Hill reported.

Sources: Bureau of Labor Statistics, The Hill Image via Alan Cleaver/Flickr