Local jobless rate remains below state average
- Author: Kyle Peterson Dec 30, 2017,
Dec 30, 2017, 0:43
Counties with an unemployment rate at or below four percent included Monroe (4.0%), Hampshire (3.7%), Morgan (3.6%), Berkeley (3.5%), Monongalia, Pendleton and Doddridge (3.4%), and Jefferson (3.0%).
Briscoe County's unemployment rate went from 3.2 percent to 3.7 percent; Castro County went from 2.7 percent to 2.8 percent; Floyd County increased from 4.3 to 4.8; Lamb County went from 4.0 to 4.2; and Swisher went from 3.5 to 3.7.
However, Dutchess County still ranked among the counties with the lowest unemployment rate for the month. The lowest unemployment rate was reported in the Birmingham suburb of Shelby County which saw its rate remain the same from October at 2.6%.
With that many counties having higher unemployment rates than York's, that means this region has one of the lowest unemployment rates in the state.
Unemployment rates increased in all 55 counties. This has allowed Moody's Investors Service to upgrade the state's credit rating, as the stable outlook reflects the expectation that the state will experience moderate economic growth and will continue it's prudent fiscal management practices.
The state's area unemployment rates rely in part on the results of the Current Population Survey, according to the report, which contacts approximately 3,100 households in NY state each month. According to statistics from that month, the civilian labor force was 30,700 and there were 29,600 people employed.
Most of the jobs in that sector are tied to employment agencies, an indicator of increased hiring from businesses, said Don Meseck, regional economist for Employment Security.
Year over year, Idahos unemployment rate was down eight-tenths of a percentage point.
Wisconsin's unemployment rate was 3.2 percent in November, down from 3.4 percent in October and down from 4.1 percent in November of 2016.
Three industry sectors natural resources; trade, transportation and utilities; and professional and business services declined by 2,000 jobs.
The sectors of Farming and Manufacturing both posted significant job declines for the month, but the loss was offset by gains in other sectors, primarily in retail positions, according to the EDD report.
Over the year, Idaho total nonfarm jobs increased 2.3 percent 16,200 higher than 2016.