In March, the US economy added 162,000 jobs, according to the US Dept. of Labor. This is along with yesterday’s news that initial unemployment claims came in at 439,000, down 6,000 from the previous week’s revised figure and down from 599,299 a year ago.
The highest insured unemployment rates in the week ending March 13 were in Alaska (7.2 percent), Puerto Rico (6.4), Oregon (6.1), Pennsylvania (6.0), Wisconsin (5.9), Idaho (5.8), Montana (5.8), Michigan (5.5), Nevada (5.5), and Rhode Island (5.3).
The largest increases in initial claims for the week ending March 20 were in Illinois (+1,396), Oklahoma (+1,152), Missouri (+792), South Carolina (+395), and New Mexico (+303), while the largest decreases were in California (-5,180), Pennsylvania (-3,677), North Carolina (-2,733), New Jersey (-2,521), and Michigan (-1,644).
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