Jobless Rate Drops In 34 States And DC
The jobs picture is looking a bit brighter with new numbers out Friday.
The Labor Department said Friday that 34 states and the District of Columbia reported lower jobless rates in April. Six states reported higher rates, while 10 saw unemployment hold steady.
That marked an improvement from March when 16 states and D.C. reported declines in unemployment, 22 states saw increases, and 12 had no change, according to revised figures.
As sales and profits improve, more companies are hiring.
Friday’s report also said that a majority of states saw employers boost jobs in April. The top three gainers: Ohio, with saw payrolls grow by 37,300 in April, from March; Pennsylvania, with 34,000 net new jobs; and New York with 32,700.Click here for reuse options!
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