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Thu. Jul 25th, 2024

 

Missouri Ranks At The Top 1/3 For Best Changes In Unemployment According To Wallethub.com

Missouri ranks among the top one-third across the country in terms of the best changes in unemployment compared to just a month ago.

That’s according to a release issued by the personal finance website WalletHub.com which identifies Missouri #16 in the study that used six key metrics to come up with the numbers.

The Show-Me State also ranked #47 for the smallest unemployment decrease from March to April.

The worst changes in unemployment belonged to California, the District of Columbia and Nevada while the best changes in unemployment were identified in South Dakota, New Hampshire and Nebraska.

 

Full report:

With inflation remaining high and the U.S. gaining 253,000 jobs in April, notably more than in the previous month, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.

In order to take stock of how unemployment rates are changing throughout the U.S., WalletHub compared the 50 states and the District of Columbia based on six key metrics that compare unemployment rate statistics from the latest month for which data is available (April 2023) to key dates in 2023, 2022, 2020 and 2019.

Below, you can see highlights from the report, along with a WalletHub Q&A.

Best Change in Unemployment Worst Change in Unemployment
1. Nebraska 42. Illinois
2. New Hampshire 43. New York
3. South Dakota 44. Oregon
4. Wisconsin 45. Wyoming
5. Montana 46. Washington
6. Maryland 47. Delaware
7. Alabama 48. Texas
8. Maine 49. California
9. North Dakota 50. District of Columbia
10. Vermont 51. Nevada

To view the full report and your state’s rank, please visit: https://wallethub.com/edu/states-unemployment-rates/74907

Reporter John Rogger