Tags: payrolls | states | labor | jobs

Payrolls Decrease in 26 States, Led by Ohio, Illinois

By    |   Friday, 19 Apr 2013 10:41 AM

Payrolls decreased in 26 U.S. states in March, showing the recent labor market slowdown is being felt across the country. Jobless rates also dropped in 26 states last month, largely because many of those out of work stopped looking for jobs and were no longer counted as unemployed.

Ohio led the drop in payrolls, losing 20,400 jobs last month, followed by Illinois’ 17,800 decrease, according to figures released in Washington by the Labor Department

Unemployment rates fell in 26 states, rose in seven and were unchanged in 17.

Only 23 states reported a net gain in hiring in March, the fewest since August 2011. Employers cut jobs in 26 states, and New Mexico reported little change. That was much worse than in February, when 42 states reported job gains.

Nationwide, hiring slowed sharply in March. Employers added only 88,000 jobs, down from an average of 220,000 from November through February. The unemployment rate fell to 7.6 percent, but only because more Americans ended their job searches, the Associated Press reported.

“Firms remain reluctant to add workers,” Josh Dennerlein, an economist at Bank of America Corp. in New York, told Bloomberg News. “Overall, we can expect moderate progress in the labor market this year.”

Nevada reported the highest unemployment rate last month, at 9.7 percent. It was followed by Illinois at 9.5 percent and California and Mississippi, both at 9.4 percent. North Carolina had the fifth-highest rate, at 9.2 percent.

Rhode Island's rate has fallen from 10.6 percent to 9.1 percent in the past year. Florida's has dropped from 8.9 percent to 7.5 percent and Michigan's from 9 percent to 8.5 percent.

All those states have added jobs, although in Rhode Island the gain was only 700. But rates have also fallen because fewer people are looking for jobs. When people without jobs stop actively looking for work, the government no longer counts them as unemployed.

Illinois' unemployment rate has risen from 8.8 percent to 9.5 percent, and Mississippi's has jumped from 9 percent to 9.4 percent.

Florida and California reported the biggest job gains in March from February. Florida added 32,700, California 25,500.

North Dakota's unemployment rate of 3.3 percent was the lowest in the nation, followed by Nebraska at 3.8 percent.

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Payrolls decreased in 26 U.S. states in March, showing the recent labor market slowdown is being felt across the country. Jobless rates also dropped in 26 states last month.Ohio led the drop in payrolls, losing 20,400 jobs last month, followed by Illinois 17,800 decrease,...
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2013-41-19
Friday, 19 Apr 2013 10:41 AM
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