Virginia jobless rate drops to 3.8 percent in March

Kathleen Mckinney
April 22, 2017

Maui County's 3.3% unemployment rate for March dropped to 2.9%, down slightly from the 3.1% reported in February, and the 3.2% reported at the same time a year ago.

Preliminary estimates from the federal Bureau of Labor Statistics reveal MA added just 200 new jobs last month - far fewer than the more than 11,000 additional jobs the bureau calculates for February. This progress matches the US preliminary rate's decline of two-tenths of a percentage point to 4.5 percent.

The educational and health services sector also declined by 2,000 positions in March 2017, but had a gain of 2,200 jobs since March 2016.

The state's unemployment rate ticked up again in March, rising to 3.6 percent from February's 3.4 percent.

Arkansas, Maine and OR also reported their lowest unemployment rates since 1976. The state gained 3,600 nonfarm jobs over the year.

Gould also refuted Trump's assertion that he could enact policies that will see the American economy add 25 million new jobs over the next 10 years. State officials said an influx of workers in both states is keeping unemployment higher than the national average. The highest rate was in New Mexico, at 6.7 percent. The labor force consists of employed residents and those who are unemployed and actively looking for jobs.

The release stated that private sector jobs had expanded with an over-the-year gain of about 46,200 jobs, while the public sector recorded an over-the-year loss of around 400 jobs.

Financial Activities added 2,500 (+1.1%) jobs over the month. Employment in this sector had increased by 7,700 jobs the previous three months.

Five of the 11 major industry sectors decreased from February to March on a seasonally adjusted basis.

Leisure and Hospitality lost 400 jobs (-0.1%) over the month. Seven states, including North Dakota and South Dakota, had preliminary unemployment rates of 3 percent or less.

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