Tue. Nov 28th, 2023
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.
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/