Only 7,000 People Are Unemployed in This State

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By Douglas A. McIntyre Updated Published
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Only 7,000 People Are Unemployed in This State

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Unemployment continues to hover near a five-decade low. In July, the national figure held at 3.7%. However, the rate varies considerably from state to state. One small state had the lowest unemployment rate in the nation at 2.1% last month, according to the Bureau of Labor Statistics.

The bureau has just released its “July State Employment and Unemployment Summary.” Vermont’s unemployment rate, at 2.1%, was the lowest among the 50 states and the District of Columbia. Vermont is among the smallest states as measured by its civilian labor force, at 347,790. Its rock bottom unemployment rate means that only 7,267 people were unemployed in July. As a contrast, California, the largest state, has a civilian labor force of 19,387,098. California’s July unemployment rate was 4.1%, which means 803,757 people in the state were jobless last month.

Only a few states have jobless rates anywhere near as low as Vermont’s. New Hampshire’s was 2.5% in July. Massachusetts was at 2.9% as well. The other states that qualify are in or near the Great Plains. North Dakota’s rate is 2.4%, South Dakota’s is 2.9% and Idaho’s also is 2.9%. The figure in Iowa is 2.5%. North Dakota’s labor force is small enough that when combined with its unemployment rate, it is the only state other than New Hampshire with less than 10,000 unemployed. In July, its figure was 9,686.

At the far end of the spectrum, Alaska had the highest unemployment rate of any state in July at 6.3%. It is followed by the District of Columbia at 5.6% and Mississippi at 5.1%. Here is a full list of the states where it is hardest to find full-time work.

Vermont’s only large city, Burlington, has the distinction of having the lowest unemployment rate of any city in the United States. It was 1.9% for June, the most recent period for which the government has figures. Burlington is also adding more jobs than any other city in the state. These are the cities adding the most jobs in each state.

One of the only groups troubled by Vermont’s jobs situation is employers. CNBC reported on the state’s labor issues: “Vermont’s Remote Worker Grant Program is offering incentives to workers who do the majority of their work remotely from a home office or coworking space to keep their jobs and relocate to the Green Mountain State.” Relocation expenses can be reimbursed for an amount as high as $10,000.

States With Unemployment Rates Significantly Different From That of the United States, July 2019, Seasonally Adjusted

State Rate
United States 3.7
Alaska 6.3
Arizona 4.9
California 4.1
Colorado 2.9
District of Columbia 5.6
Hawaii 2.8
Idaho 2.9
Iowa 2.5
Louisiana 4.3
Maine 3.0
Massachusetts 2.9
Mississippi 5.1
Nebraska 3.1
New Hampshire 2.5
New Mexico 4.9
North Dakota 2.4
South Dakota 2.9
Utah 2.8
Vermont 2.1
Virginia 2.9
Washington 4.6
West Virginia 4.7
Wisconsin 3.0
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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