This compares with an unadjusted unemployment rate of 4.5 percent for California and 4.4 percent for the nation last month, the Employment Development Department reported on Friday. The survey shows a 68.6 percent high school graduation rate in our New Mexico, far below the national average of 82.3 percent.
A standout in job growth last month was construction, which added 2,900 jobs last month and 5,200 year-over-year to reach 81,800. Jobs were up in seven of the 11 industry supersectors, with the education & health services supersector experiencing the largest gain of 4,100 jobs.
Virginia's unemployment rate is down a tenth of a percent as of February, and a half percent down from a year ago, according to Gov. Ralph Northam. "Last year had the weakest job growth of any year since the end of the Great Recession".
The VEC numbers are seasonally adjusted, meaning they take into account seasonal fluctuations in the labor force. The monthly gain follows a downward revision in January in which 2,400 jobs were pared.
Despite this small decrease, the unemployment problem is still out of control and has been a problem in New Mexico for many years, affecting everyone with a lack of job opportunities. The previous record was 3 percent unemployment in July 1999. Compared with February 2017, total nonfarm jobs have expanded by 8,900, or 1.4%.
State officials note there are hundreds of available jobs in state government. The seasonally-adjusted number of unemployed people was almost the lowest in state history. Indiana's total labor force is 3.3 million. Seasonal adjustments eliminate these influences and make it easier to observe statistical trends.
Over-the-year employment in Virginia has seen positive growth for 47 consecutive months.
"We are excited about the latest unemployment figures, and will continue to work with our industry partners to place Louisianans in family-sustaining careers", said Louisiana Workforce Commission Executive Director Ava Dejoie.