State jobless rate begins 2018 still stuck at 4.5 percent

State jobless rate begins 2018 still stuck at 4.5 percent

Wisconsin added 8,000 private sector jobs in January and the state's unemployment rate dropped slightly to a seasonally adjusted 3.1 percent, according to new data from the U.S. Bureau of Labor Statistics.

The department says Iowa gained 900 jobs in January, lifting total nonfarm employment up to 1,583,500 jobs. Other sectors that experienced growth in January include Trade, Transportation, and Utilities (1,100 jobs), Manufacturing (200 jobs), and Information (100 jobs). Compared to the fourth quarter of 2016, the official unemployment rate decreased with 0.8 percentage points.

Maryland's low unemployment should lead to wage growth and improved. The Illinois unemployment rate is down 0.4 percentage points from a year ago, when it was 5.2 percent.

"I am proud to announce that Florida businesses kicked off 2018 by creating more than 10,000 new jobs for families across the state in January" said Scott. "When companies come here, that's the number one question they ask - do you have a labor force? and we're able to provide that labor force for them".

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The largest decline was in professional and business services, which lost 2,300 jobs.

The latest estimates now say that there are 397,000 unemployed people. Alaska had the highest, at 7.3 percent.

Mitch Kokai, policy analyst for conservative think tank John Locke Foundation, said that while the unemployment rate has been stable, "the interesting developments in recent months have taken place in job creation and labor force participation". This compares with 351,959 in December and 386,875 in January of past year. Mining, Logging, and Construction grew by 2,300 jobs, while Leisure and Hospitality added 1,500 jobs.

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