Changes in Unemployment Rate by State – WalletHub Study

Staff Report

Monday, January 30th, 2023

With inflation remaining high and the U.S. gaining 223,000 jobs in December, 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 (December 2022) to key dates in 2022, 2021, 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. Florida

42. Connecticut

2. South Dakota

43. Ohio

3. Missouri

44. Michigan

4. Utah

45. District of Columbia

5. North Dakota

46. Maine

6. Minnesota

47. Washington

7. Montana

48. Delaware

8. Alabama

49. Illinois

9. Georgia

50. Oregon

10. Hawaii

51. Nevada


To view the full report and your state’s rank, please visit: https://wallethub.com/edu/states-unemployment-rates/74907