Twelve states hit record-low unemployment as U.S. labor market continues to thrive

gemini104104

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Thriving with President Biden. So where is the uptick in his approval rating in this regard or does the sewer conspiring fake polls continue to be clogged up tRump's crappy hide at spreading the stench of skewed and biased anti-Biden propaganda, disinformation and fake facts?

New data continue to demonstrate the strength of the U.S. labor market and the nation's continued economic recovery under the stewardship of President Joe Biden.

The Bureau of Labor Statistics released a report Friday showing that March unemployment rates had dropped in 37 states while remaining stable in the other 13 states and the District of Columbia. Compared to March 2021, "all 50 states and the District had jobless rate decreases," noted the report.

The national rate, 3.6%, declined slightly from the month previous but was fully 2.4 points lower than in March 2021. Fifteen states also logged unemployment rates lower than the national rate of 3.6%.

In addition, 12 states hit record-low rates. Among those all-time lows, Nebraska and Utah logged the lowest rates in the country at 2% each. Very close behind were Indiana at 2.2% and Montana at 2.3%. The other states hitting all-time lows included: Alaska (5.0%), Arizona (3.3%), Georgia (3.1%), Idaho (2.7%), Mississippi(4.2%), Tennessee (3.2%), West Virginia (3.7%), and Wisconsin (2.8%).

Relative to last year, Nevada has seen the largest drop (-4.2%) in its unemployment rate to 5.0%.

The news sparked a round of local headlines across the country, some of them in important midterm swing states:

Wisconsin Public Radio: Wisconsin unemployment rate hit record low in March
Fox 5 Atlanta: Georgia unemployment rate falls to new all-time low
Arizona Public Radio KJZZ: Report shows low Arizona unemployment rate in March
CBS Miami: Report: Florida Workers Shifting To Higher-Paying Jobs As Unemployment Rate Dips To 3.2 Percent In March
CarsonNow: Nevada adds jobs in March; Reno employment at new all-time high
Governors in many states were quick to take credit for their booming economies, but, by and large, this was a Biden recovery fueled in no small part by the American Rescue Plan that every single Republican in Congress voted against.

"Americans are getting back to work in every corner of the country in record numbers. Right now, 17 states are at or tied with the lowest unemployment rate they’ve ever had—and 20 states have jobless rates below 3%," read a White House statement from the president. "This wasn’t an accident: this was the direct result of my economic plan to grow the economy from the bottom up and middle out."

That the U.S. economy is running hotter than virtually every other economy in the world might be finally starting to sink in with Americans. On Thursday, a report from the University of Michigan showed that U.S. consumer sentiment had begun to rebound for the first time since December. In fact, the consumer sentiment index made the biggest one-month jump since 2006."
https://m.dailykos.com/stories/2022...yment-as-U-S-labor-market-continues-to-thrive
 
SORRY, DILLWAD. AMERICANS KNOW THAT THEY NOW HAVE LESS THAN BEFORE THE PANDEMIC....A LOT LESS.

DON'T WORRY; WE INTEND TO FIX THE PROBLEM(s) STARTING THIS NOVEMBER.
 
When was the last time Republicans were better than Democrats for the economy? The early '80's?

How Democrats clean up the messes left by Republicans
Thanks to Donald Trump, they’ll have to do so again

For decades, Democratic administrations have been cleaning up economic messes left to them by Republican administrations. Thanks to Donald Trump, they'll have to do so again.

Before diving in, we need to understand this one concept: the debt-to-GDP ratio.

The national debt is a meaningless number on its own. It's meaningful only as a percentage of the total economy, the GDP. Even if the debt grows, that's okay so long as the economy grows even faster. But if the reverse is true — if the economy is growing more slowly than the debt — we're in trouble.

With this in mind, let's go back to the 1980s. When Ronald Reagan took office, the national debt equaled just a little over 30 percent of the total economy. Then Reagan began cutting taxes and spending a huge amount on the military. By the time he left the White House, the debt-to-GDP ratio was nearly 50 percent. He viewed it as a way of "starving the beast" so future Democratic administrations would find it harder to fund programs for the poor and average working people."
https://www.salon.com/2020/02/20/how-democrats-clean-up-the-messes-left-by-republicans_partner/
 
SORRY, DILLWAD. AMERICANS KNOW THAT THEY NOW HAVE LESS THAN BEFORE THE PANDEMIC....A LOT LESS.

DON'T WORRY; WE INTEND TO FIX THE PROBLEM(s) STARTING THIS NOVEMBER.


Everyone has gotten a 7+% cut in pay thanks to Biden. And these jobs are just the ones that were going to come back once Covid economic shutdown ended. No new jobs.
 
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