UNEMPLOYMENT RATES ROSE IN 26 STATES IN OCTOBER

Key Points:

  • Unemployment rates rose in 26 states, and remained stable in 24 states and the District of Columbia in October.
  • The U.S. unemployment rate rose rose to 3.9% in October.
  • In total, 26 states had unemployment rates lower than the U.S. figure of 3.9 percent, 4 states and the District of Columbia had higher rates, and 20 states had rates that were not appreciably different from that of the nation.
  • Twelve states and the District of Columbia had rate increases from October 2022, the largest of which was in New Jersey (+1.3%).
  • Maryland had the lowest jobless rate in October at 1.7%, followed by North Dakota at 1.9%, and South Dakota and Vermont at 2.0%.
  • Nevada has the highest unemployment rate again at 5.4%, followed by the District at 5.0%, and California at 4.8%.
  • In October, 26 states had over-the-month unemployment rate increases, all of which were 0.2% or 0.1% increases.