Joint Economic Committee

Ranking Member-Designate

Senator Martin Heinrich (D-NM)

Nov 22 2016

New Report Presents Detailed Economic Data on All 50 States for October

Hourly Earnings up in 41 States and D.C. in Past Year; Unemployment down in 24 states

WASHINGTON – Rep. Carolyn Maloney (D-NY), Ranking Member of the Joint Economic Committee (JEC), today announced the release of the latest State Economic Snapshots, a new report aggregating October’s statistics on jobs, unemployment and earnings in all 50 states and the District of Columbia. The report was prepared by the Democratic staff of the JEC.

According to the report, private-sector employment increased in 33 states in the month of October and the unemployment rate fell in 24 states. Hourly wages increased in 41 states and the District of Columbia between October of 2015 and October of 2016, after adjusting for inflation.

“As we prepare to celebrate Thanksgiving later this week, it is an appropriate time to recognize the economic progress we’ve made recovering from the Great Recession, while also recommitting ourselves to ensuring that all Americans benefit from the recovery,” Rep. Maloney said.

The report allows for state-by-state comparisons across a variety of economic statistics. For example, the largest private-sector gains were in California (31,400), Michigan (19,400), Texas (13,300), Washington (12,200) and Missouri (10,700). On a percentage basis, the largest gains were in New Hampshire, Montana, Michigan, Louisiana and Washington.

Click here to download the full report. To compare historic performances by states, previous months’ reports can be found by clicking here.

 

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