Unemployment Rate Holds at 4.0 Percent in February

Marco Green
March 25, 2019

The national unemployment rate in February was 3.8 percent.

1 with a growth rate of 3.5 percent, and Arizona was No. 3 at 2.7 percent.

Kentucky's statewide unemployment rate and employment levels are seasonally adjusted.

It's also the 34th consecutive month where MA has had an unemployment rate of 4 percent or lower.

Payroll gains in multiple sectors of the regional economy helped push the unemployment rate lower last month in Riverside County, state officials reported Friday.

"The Commonwealth continues to experience job and labor force growth alongside an unemployment rate that has remained below 4 percent for 34 consecutive months", Labor and Workforce Development Secretary Rosalin Acosta said in statement. The unemployment rate was lower in the southern Berkshires: 3.9 percent in Great Barrington.

Molokai had the highest rate in the state at 4.9 percent, an increase from 4.6 percent in February 2018. Those industries are growing at a 1.8-percent rate since February 2018. That was less than the nationwide jobless totals, which dropped from 4.1 percent in February 2018 to 3.8 percent last month.

Education and Health Services added 3,500 (+0.4 percent) jobs over the month.

Construction employment increased by 1,000 jobs in February or 1.2 percent.

Seasonally adjusted data show that Utah added 43,700 jobs in the yearlong period - roughly the equivalent of adding a job for every person living in Bountiful. Over the year, Professional, Scientific and Business Services gained 10,400 (+1.8 percent) jobs.

Kentucky's leisure and hospitality sector fell by 800 jobs from January 2019 to February 2019, a decrease of 0.4 percent.

This is the first month of annual job decline since July 2010.

Other reports by Click Lancashire

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