Unemployment rises in Sonoma County in July
The nationwide unemployment rate in July was 5.3 percent and has been trending lower that North Carolina’s.
Illinois gained 1,900 payroll jobs in the month of July, according to Thursday’s economic release from the Illinois Department of Employment Security.
In its report of August 7 the unemployment rate was 5.3%, which is the lowest in over 7 years and almost half of its 10% peak back in 2009. Unusually heavy job losses occurred in professional and business services (-5,300); and other losses came from manufacturing (-600); education and health services (-600); information (-100) and mining (-100). Instead, the focus should be ongenerating adequate good jobs – with greater added value, better wages and working conditions, that are targeted to address youth unemployment and low female labor force participation.
The estimate of nonfarm payroll jobs in July was 609,700, up 4,400 from one year ago. Professional and business services, which represents administrative, support and waste services, added an estimated 100 positions for the month.
North Carolina added 20,600 jobs last month from June, according to the monthly establishment survey of households. Twenty-four states and the District of Columbia had unemployment rate decreases from June, 14 states had increases, and 12 states had no change, the U.S. Bureau of Labor Statistics reported today. People who are not actively looking for work are not included in the unemployment figure. Not far behind was Mill Valley with a jobless rate of 2.6 percent; and Fairfax with a jobless rate of 2.7 percent.
The unemployment rate dropped the most in Connecticut and Hawaii, where it fell by 0.3 percentage point each.
West Virginia, which has been hit by a steep decline in coal prices, has the highest rate, at 7.5 per cent.
“You’re going to see a lot more manufacturing jobs being created, not just around the Charleston area but probably up the I-26 corridor as well”, Kaglic said.
The state’s July seasonally adjusted unemployment rate was 4.6 percent, up from 4.5 percent in June and up from 4.4 percent in July 2014.
He said he saw a chart that showed 93 million people unemployed so the rate of unemployment should be 42%.