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Employment Trends In The US For 2013

March 4th, 2014 by

Last year, the average unemployment rate on an annual basis dropped in 43 US states and the District of Columbia. It went up in two states and remained the same in five states. This is according to statistics published by the US Bureau of Labor Statistics on Friday, February 28, 2014. There was a decline in employment-population ratios in 28 states across the country. The American jobless rate went down by 0.7 percentage points from the previous year to 7.4%, and the national employment population ratio remained unchanged from that of the previous year at 58.6%.

Regional Trends

There was a significant decline in the unemployment rate in all four regions of the United States between 2012 and 2013, with the West experiencing the biggest drop of 1.2 percentage points.

To see this in perspective, one has to take into account that the unemployment rate of 8% in the West was significantly higher than that of the United States as a whole. The South, on the other hand, had an unemployment rate of only 7%, which was significantly lower than the figure for the country as a whole.

Six of the country’s nine geographic regions had significant decreases in the rate of unemployment in 2013. The biggest of these took place in the South Atlantic and the Pacific, where unemployment dropped by 1.0 and 1.4 percentage points respectively.

For the sixth consecutive year, the Pacific reported the highest unemployment rate in the country with 8.4%. Three other divisions reported rates that were substantially higher than the US average.

The lowest unemployment rate of 5.2% was once again recorded in the West North Central division. Two other divisions, Mountain and West South Central, at 7% and 6.3% respectively, had unemployment rates that were significantly lower than the national average.

Unemployment in US States

Twenty-five states in the US experienced a statistically significant drop in unemployment rates last year. The biggest of these was recorded in Nevada, where unemployment dropped by 1.7 percentage points. In second place was Florida, with a drop of 1.6 percentage points, followed by California with a decline of 1.5 percentage points.

Knowing where employment rates are currently improving the most is very useful for those who will soon enter the job market. In order to improve one’s employability, an online associate degree might be the perfect solution. Find out more about earning your college degree online at Accredited-Online-Colleges.com.

About the Author:

Sandy Davis

Sandy Davis is a long-time educator who holds a Master’s Degree in Education, having taught English, writing, and communication on the secondary and college levels. With ten years of experience in blogging, social media and content management, she is a freelance writer and content marketing specialist for a diverse range of clients.

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