Changes in Unemployment Rate by State – WalletHub Study

Staff Report

Monday, March 27th, 2023

With inflation remaining high and the U.S. gaining 311,000 jobs in February, 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 (February 2023) to key dates in 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. Alabama

42. Pennsylvania

2. South Dakota

43. Michigan

3. Montana

44. Texas

4. Nebraska

45. California

5. Missouri

46. Illinois

6. North Dakota

47. District of Columbia

7. Wisconsin

48. Washington

8. Florida

49. Delaware

9. Maryland

50. Oregon

10. Maine

51. Nevada

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