The October Regional Jobs Report revealed the unemployment rate was significantly lower or stable in forty-eight states and the District of Columbia. No region’s unemployment rate was significantly different from the U.S. rate of 4.9 percent.
New States Take the Lead in Tech Job Growth
As the unemployment rate in the tech sector continues to drop (down 0.2 percent in October to 3.0 percent unemployment rate), tech jobs continue to increase.
These are states that added the most IT jobs in October:
- Florida: +9,500 IT jobs added
- Virginia: +6,900 IT jobs added
- North Carolina: +5,500 IT jobs added
- Missouri: +5,100 IT jobs added
- Illinois: +4,800 IT jobs added
These are the states with the greatest year-over-year growth in IT jobs and their overall year-over-year job growth:
- California: +81,000 IT jobs added and +389,500 total jobs added since October 2015
- Florida: +51,600 IT jobs added and +253,300 total jobs added since October 2015
- Illinois: +31,400 IT jobs added and +29,500 total jobs added since October 2015
- Texas: +27,400 IT jobs added and +207,500 total jobs added since October 2015
- North Carolina: +27,400 IT jobs added and +84,700 total jobs added since October 2015
California, Michigan Add Most Jobs in October
Forty eight states and the District of Columbia saw an improvement or remained stagnant in nonfarm payroll employment compared to September. New Hampshire and South Dakota had the lowest unemployment rates in September at 2.8 percent each, while California and Michigan added the most jobs with 31,200 and 18,900 respectively.
Two regions saw year-over-year improvements in unemployment rate. Here’s a snapshot of October’s regional unemployment figures:
- Midwest: 4.7% (+0.1% from September to October, 0% year-over-year)
- Northeast: 5% (+0.1% from September to October, +0.1% year-over-year)
- South: 4.9% (+0.1% from September to October, -0.1% year-over-year)
- West: 5.2% (0% from September to October, -0.3% year-over-year)