Changes in Unemployment Rate by State, WalletHub Study
Thursday, June 29th, 2023
With inflation remaining high and the U.S. gaining 339,000 jobs in May, more than in the previous month, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.
In order to take stock of how unemployment rates are changing throughout the U.S., WalletHub compared the 50 states and the District of Columbia based on six key metrics that compare unemployment rate statistics from the latest month for which data is available (May 2023) to key dates in 2023, 2022, 2020 and 2019.
Below, you can see highlights from the report, along with a WalletHub Q&A.
|
Best Change in Unemployment |
Worst Change in Unemployment |
|
1. New Hampshire |
42. Georgia |
|
2. South Dakota |
43. Illinois |
|
3. Vermont |
44. Kentucky |
|
4. Nebraska |
45. New Jersey |
|
5. Maryland |
46. Washington |
|
6. Wisconsin |
47. Delaware |
|
7. North Dakota |
48. Texas |
|
8. Montana |
49. California |
|
9. Alabama |
50. District of Columbia |
|
10. Maine |
51. Nevada |
To view the full report and your state’s rank, please visit: https://wallethub.com/edu/
