State Labor Markets in May 2026
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State labor markets in May were again somewhat firmer. Two states saw statistically significant increases in payrolls from April: North Carolina reports a 17,400 increase (.3 percent), and West Virginia’s 9,700 increase was a whopping 1.4 percent. No state had a statistically significant decline, and only a few reported insignificant drops.
Seven states reported statistically significant drops in their unemployment rates in April, though none was larger than .2 percentage point. Alabama reported a .2 percentage point increase. Rates at or above 5.0 percent were in DC, California, Nevada, Washington, Delaware, and Illinois, with DC’s 6.1 percent the highest. Hawaii, North Dakota, South Dakota, and Vermont had unemployment rates under 3.0 percent, while South Dakota’s 2.1 percent was the lowest in the nation.
Puerto Rico's unemployment rate was unchanged at 5.6 percent and the island’s job count rose 1,500.
Charles Steindel
AuthorMore in Author Profile »Charles Steindel has been editor of Business Economics, the journal of the National Association for Business Economics, since 2016. From 2014 to 2021 he was Resident Scholar at the Anisfield School of Business, Ramapo College of New Jersey. From 2010 to 2014 he was the first Chief Economist of the New Jersey Department of the Treasury, with responsibilities for economic and revenue projections and analysis of state economic policy. He came to the Treasury after a long career at the Federal Reserve Bank of New York, where he played a major role in forecasting and policy advice and rose to the rank of Senior Vice-President. He has served in leadership positions in a number of professional organizations. In 2011 he received the William F. Butler Award from the New York Association for Business Economics, is a fellow of NABE and of the Money Marketeers of New York University, and has received several awards for articles published in Business Economics. In 2017 he delivered Ramapo College's Sebastian J. Raciti Memorial Lecture. He is a member of the panel for the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters and of the Committee on Research in Income and Wealth. He has published papers in a range of areas, and is the author of Economic Indicators for Professionals: Putting the Statistics into Perspective. He received his bachelor's degree from Emory University, his Ph.D. from the Massachusetts Institute of Technology, and is a National Association for Business Economics Certified Business EconomistTM.


