Study: Current Changes in State Unemployment Rates

Staff Report

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/edu/states-unemployment-rates/74907