Vermont unemployment rate drops, Derby still highest unemployment rate in the state

Mar 16, 2017, 00:38
Vermont unemployment rate drops, Derby still highest unemployment rate in the state

The Auburn-Opelika metro area lost 1,400 non-agricultural jobs from December 2016 to January 2017.

The good news included the record low unemployment rate and the monthly survey of about 800 households in the state that showed a decline of about 6,000 unemployed Arkansans compared with January previous year, Pakko said.

The employment to population ratio estimate of 61.3 percent remained above the USA average of 59.9 percent. The number of Coloradans participating in the labor force increased 47,500, total employment increased 59,600 and the number of unemployed decreased 12,200.

The statewide rate is 6.4 percent, significantly higher than the national average of 4.7 percent. The Buffalo Niagara region added jobs at a 1 percent annual pace past year - the fastest pace since 1999 - according to revised data released last week by the Labor Department. The headline unemployment rate edged down one-tenth of a percent to 4.7 percent, while the more expansive U-6 unemployment rate was 9.2 percent, down two-tenths of a percent. But the momentum would suggest the Colorado economy is entering a level of tightness in its workforce not seen since the dot-com boom of 2000, when the unemployment rate reached 2.7 percent for several months.

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Owen County leads the pack of south-central IN area counties that showed improvement over January 2016's unemployment numbers IN the most recent state unemployment report.

Arkansas also boasts a lower unemployment rate than the nation as a whole. Still, overall employment rose by about 6,400 to 2.05 million.

The report shows that Arkansas' civilian labor force declined 1,275, a result of 2,098 fewer unemployed and 823 additional employed Arkansans. Average weekly earnings were up over the year by $21.08. The February report is scheduled to be released March 24.