The unemployment rates in Morgan and Limestone counties dropped below 5 percent in March, and Lawrence County's jobless rate of 5.9 percent was 1 percentage point lower than a month earlier. March was the seventh consecutive month that posted both an increase in employment and a decrease in unemployment.
The March report from the bureau also showed the average workweek for all employees on private nonagricultural payrolls fell to 32.8 hours from 33.3 hours in February, while the average hourly wage rose 4 cents during the same period to $27.35.
"North Carolina's job market is still showing improvement, but gains will likely slow as the job market becomes tighter". Construction, however, saw another 1,800 jobs between March 2016 and March 2017 including 500 jobs between February and March of 2017.
Most sectors within Stanislaus County reported job growth for the month of March or remained steady. Utah had an unemployment rate of 3.1 percent and Arizona and Texas each had rates of 5 percent.
Approximately 483,000 Floridians are unemployed in a labor force of more than 10 million. That number is down from 6.8 percent in March 2016.
Walden say a key employment indicator to monitor will be the level of growth in the labor force. The growth outpaced the average February-to-March increase of 9,300 for the previous three years.
The unemployment rate in those states fell because more residents found work.
There were job losses in Information (-100), Financial Activities (-100), Construction (-200), Professional & Business Services (-200), Educational & Business Services (-300), and Trade, Transportation, & Utilities (-400). The only significant gain was in leisure and hospitality (+4,200).
The Lawrence area unemployment rate stood at 3 percent in March, down from 3.3 percent in February and 3.4 percent a year ago. "This is the way you want things to work". However, preliminary numbers for March show Idahos first labor force month-to-month decline in two years with a decrease of 600.
There was improvement in Arkansas' labor force, which increased by nearly 3,200 to 1,341,183 from February to March, said Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.