Unemployment Rates Remain Low In Several States
Unemployment rates were lower in December in 11 states, higher in 4 states, and stable in 35 states and the District of Columbia, the U.S. Bureau of Labor Statistics reports.
South Carolina, Utah and Vermont had the lowest unemployment rates in December, 2.3 percent each. The rates in Colorado (2.5 percent), Florida (3 percent), Georgia (3.2 percent), Illinois (3.7 percent), Oregon (3.7 percent), South Carolina (2.3 percent), Utah (2.3 percent), and Washington (4.3 percent) are the lowest they have ever been since the BLS began keeping track of this statistic in 1976.
Eight states had jobless rate decreases from a year earlier, one state had an increase, and 41 states and the District had little or no change. The national unemployment rate, 3.5 percent, was unchanged over the month but was 0.4 percentage point lower than in December 2018.
Non-farm payroll employment increased in three states in December 2019 and was essentially unchanged in 47 states and the District of Columbia.
The information shared by the U.S. Bureau of Labor Statistics presents statistics from two monthly programs. The civilian labor force and unemployment data are modeled based largely on a survey of households. These data pertain to individuals by where they reside. The employment data are from an establishment survey that measures non-farm employment, hours, and earnings by industry. These data pertain to jobs on payrolls defined by where the establishments are located.
Low unemployment often means low employee retention rates for building service contractors and others involved with the commercial cleaning industry. For advice on how to better retain employees, read this Contracting Profits story from 2019.
Disclaimer: Please note that Facebook comments are posted through Facebook and cannot be approved, edited or declined by CleanLink.com. The opinions expressed in Facebook comments do not necessarily reflect those of CleanLink.com or its staff. To find out more about Facebook commenting please read the Conversation Guidelines.