August jobless rates down in 29 states, up in 10; payroll jobs up in 32 states, down in 18

[mahatmakanejeeves]

Source: U.S. Bureau of Labor Statistics

Economic News Release
USDL-15-1790

Regional and State Employment and Unemployment Summary

For release 10:00 a.m. (EDT) Friday, September 18, 2015

Technical information:
Employment: [phone] • [e-mail] • www.bls.gov/sae
Unemployment: [phone] • [e-mail] • www.bls.gov/lau

Media contact: [phone] • [e-mail]


REGIONAL AND STATE EMPLOYMENT AND UNEMPLOYMENT -- AUGUST 2015


Regional and state unemployment rates were little changed in August. Twenty-nine states had unemployment rate decreases from July, 10 states had increases, and 11 states and the District of Columbia had no change, the U.S. Bureau of Labor Statistics reported today. Forty-one states and the District of Columbia had unemployment rate decreases from a year earlier, seven states had increases, and two states had no change. The national jobless rate edged down from July to 5.1 percent and was 1.0 percentage point lower than in August 2014.

In August 2015, nonfarm payroll employment increased in 32 states and decreased in 18 states and the District of Columbia. The largest over-the-month increases in employment occurred in California (+36,200), Florida (+19,600), and Ohio (+14,600). The largest over-the-month decreases in employment occurred in New York and Texas (-13,700 each), followed by New Hampshire (-3,900). The largest over-the-month percentage increase in employment occurred in Hawaii (+1.3 percent), followed by Nebraska (+0.6 percent) and Maine (+0.4 percent). The largest over-the-month percentage decline in employment occurred in South Dakota (-0.7 percent), followed by Delaware and New Hampshire (-0.6 percent each). Over the year, nonfarm employment increased in 47 states and the District of Columbia and decreased in 3 states. The largest over-the-year percentage increases occurred in Utah (+4.0 percent), Oregon (+3.5 percent), and Florida and Nevada (+3.3 percent each). The over-the-year percentage decreases occurred in West Virginia (-2.6 percent), North Dakota (-0.7 percent), and Alaska (-0.4 percent).

Read more: http://www.bls.gov/news.release/laus.nr0.htm

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Not the same thing as yesterday. That was for initial claims for unemployment benefits.

[Ichigo Kurosaki]

1. The National Jobless rates

are a lie when it comes real life figures.
Try these links from the same source. It doesn't paint a rosy picture.
But then maybe I'm missing something?

http://data.bls.gov/timeseries/LNS15000000
http://data.bls.gov/timeseries/LNS11300000

[mahatmakanejeeves]

2. Welcome to DU. The definition of unemployment is a controversial one, as

there are several ways it can be measured. You joined last Thursday, so you have to experience DU's monthly BLS employment thread. We get into the concept of how to measure unemployment there.

Here is the one from two weeks ago:

Payroll employment rises by 173,000 in August; unemployment rate edges down to 5.1%

I hope this helps. Best wishes.

Welcome again.

[Ichigo Kurosaki]

5. Thanks for the Welcome. [nt]

[whatthehey]

3. My god it's almost like there was a surge in births 60-odd years ago!

And they're all retiring as they hit SSI age...

Oh yes...there was. Baby Bang? Blip? Boom! That's the one.

16 and over is an absurd dividend for LFPR except as the bluntest of all instruments. With a school leaving age higher than that, let alone college leaving age, and no limit to upper age when our life expectancy is currently far in excess of retirement age, you have mutiple confounding variables. There is no way to use it without further detail to understand shifts in the labor market.

[Ichigo Kurosaki]

4. I'm over 60

And I am still working. I also have plenty of friends my age still working and several have had their spouse go to work to help make the ends meet.
My dad didn't retire until he was in his 70's and I doubt I ever will really retire after I saw what retirement did to him.
If you figure at least each family having 2 kids that should hold things level as time goes on but looking at the rise it appears to be rising before the Baby Boomers started to retire.

I will look through the BLS employment thread as was suggested as time permits.
I'm fixturing a project on the vertical mill right now for a rush job.

[whatthehey]

6. ah. Anecdotes. They always beat data.

http://www.ssa.gov/oact/progdata/icpGraph.html