Unemployment down slightly again in ME in January

January unemployment rate in Maine was 3 percent

For the month, the state reported a seasonally adjusted rate of 3.7 percent, down 0.1 percent from December 2017. The U.S. unemployment rate was unchanged at 4.1 percent in January.

Annual benchmarking of the state's employment data showed North Carolina made little statistical progress with the jobless rate during 2017. The New England average for January was 3.7 percent.

Michael Walden, an economics professor at N.C. State University, said the rate increases likely came from "individuals moving back into the labor force and looking for jobs - and therefore being classified as unemployed until they find a job".

Florida's overall growth rate for previous year was 1.8 percent, which was the 10th highest rate in the nation.

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Although total employment increased, the number of people actively participating in the labor force increased by more. The increase in home prices and the number of homes sold resulted in an additional $500 million in home sales, up 10.9 percent from January 2017. Since December 2010, Florida businesses have created almost 1.5 million jobs, which includes more than 144,000 in the a year ago. Other sectors adding jobs over the year were trade, transportation and utilities, professional and business services, government, other services, information, financial activities, manufacturing and mining and logging.

"The number of nonfarm jobs in the state changed little from last month", said Senior Labor Economist, Tyler Tenbrink.

All Wiregrass counties have jobless rates that are at least 1.4 percent below what they were at this time past year. In December, 50,413 people were unemployed. Out of a labor force of 10,152,000, there were 397,000 Floridians without jobs for the first month of 2018.


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