{"id":1004144620,"date":"2016-05-23T05:29:44","date_gmt":"2016-05-23T13:29:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144620"},"modified":"2022-12-08T20:10:49","modified_gmt":"2022-12-09T04:10:49","slug":"economy-watch-little-change-in-state-employment-rates-in-april","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-little-change-in-state-employment-rates-in-april\/","title":{"rendered":"Economy Watch: Little Change in State Employment Rates in April"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004144622\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/BLS-unemployment-rate-0416.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004144622\" data-attachment-id=\"1004144622\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-little-change-in-state-employment-rates-in-april\/bls-unemployment-rate-0416\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/BLS-unemployment-rate-0416.jpg\" data-orig-size=\"621,295\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Samantha Goldberg&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1463995413&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"BLS unemployment rate 0416\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Regional and State Employment and Unemployment, April 2016 (Credit: Bureau of Labor Statistics)&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/BLS-unemployment-rate-0416.jpg?w=621\" class=\"size-medium wp-image-1004144622\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/BLS-unemployment-rate-0416.jpg\" alt=\"Regional and State Employment and Unemployment, April 2016 (Credit: Bureau of Labor Statistics)\" width=\"300\" height=\"143\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/BLS-unemployment-rate-0416.jpg 621w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/BLS-unemployment-rate-0416.jpg?resize=300,143 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004144622\" class=\"wp-caption-text\"><a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/laus.pdf\" target=\"_blank\" rel=\"noopener\">Regional and State Employment and Unemployment, April 2016 <\/a>(Credit: Bureau of Labor Statistics)<\/p><\/div>\n<p>The economy is still creating jobs\u2014perhaps the most important macroeconomic consideration for the health of the real estate market\u2014but is it creating enough jobs to sustain genuine growth, or merely enough to tread water? The latest report from <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/laus.pdf\" target=\"_blank\" rel=\"noopener\">Bureau of Labor Statistics<\/a> hints that job-creation stagnation might be the case, at least for now.<\/p>\n<p>According to the BLS on Friday, unemployment rates were significantly lower in April in five states, higher in four states, but stable in 41 states and the District of Columbia. Not only that, 19 states enjoyed notable unemployment rate decreases from a year earlier, two states suffered increases, while the majority\u201429 states and D.C.\u2014experienced no notable net change.<\/p>\n<p>South Dakota and New Hampshire had the lowest jobless rates in April, 2.5 percent and 2.6 percent, respectively. The unemployment rate in Arkansas (3.9 percent) set a new series low with its\u00a0lowest rate in 40 years (All of the bureau&#8217;s state series begin in 1976.) Alaska and Illinois had the highest rates at 6.6 percent each.<\/p>\n<p>Separately, the BLS reported that April&#8217;s workforce participation rate\u2014the number of the adult population working for pay\u2014was 62.8 percent. That was a small drop from 63 percent in March, and not much of a change from April 2015, when the rate was 62.7 percent.<\/p>\n<p>By contrast, the participation rate was around 66 percent 10 years ago. The recession removed a good number of workers from the workforce, and so has the retirement of the leading edge of the baby boom. In the near future, however, the rate will probably go up as Millennials enter the workforce faster than boomers retire.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. economy continues to create jobs, but is it creating enough to sustain genuine growth?<\/p>\n","protected":false},"author":1023,"featured_media":1004144622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[],"class_list":["post-1004144620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economy Watch: Little Change in State Employment Rates in April - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-little-change-in-state-employment-rates-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Little Change in State Employment Rates in April\" \/>\n<meta property=\"og:description\" content=\"The U.S. economy continues to create jobs, but is it creating enough to sustain genuine growth?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-little-change-in-state-employment-rates-in-april\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-23T13:29:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:10:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/BLS-unemployment-rate-0416.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"621\" \/>\n\t<meta property=\"og:image:height\" content=\"295\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-little-change-in-state-employment-rates-in-april\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-little-change-in-state-employment-rates-in-april\\\/\"},\"author\":{\"name\":\"Dees Stribling\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"headline\":\"Economy Watch: Little Change in State Employment Rates in April\",\"datePublished\":\"2016-05-23T13:29:44+00:00\",\"dateModified\":\"2022-12-09T04:10:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-little-change-in-state-employment-rates-in-april\\\/\"},\"wordCount\":297,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-little-change-in-state-employment-rates-in-april\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/05\\\/BLS-unemployment-rate-0416.jpg\",\"articleSection\":[\"National\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-little-change-in-state-employment-rates-in-april\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-little-change-in-state-employment-rates-in-april\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-little-change-in-state-employment-rates-in-april\\\/\",\"name\":\"Economy Watch: Little Change in State Employment Rates in April - 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