Study: Current Changes in State Unemployment Rates
Tuesday, July 25th, 2023
With inflation slowing but prices still relatively high and the U.S. gaining 209,000 jobs in June, fewer 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 (June 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. Maryland |
42. Louisiana |
|
2. New Hampshire |
43. Illinois |
|
3. Vermont |
44. New York |
|
4. Massachusetts |
45. New Jersey |
|
5. South Dakota |
46. Kentucky |
|
6. Alabama |
47. Delaware |
|
7. Nebraska |
48. Texas |
|
8. Maine |
49. California |
|
9. North Dakota |
50. District of Columbia |
|
10. Montana |
51. Nevada |
To view the full report and your state’s rank, please visit: https://wallethub.com/
