IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

U.S. Unemployment Rates Lower In September in 7 states

October 18, 2019

The Bureau of Labour Statistics reported that, “Unemployment rates were lower in September in 7 states, higher in 4 states, and stable in 39 states and the District of Columbia.” Last year, there were seven states with jobless rate decreases, 2 states had increases and the District had little or no change. Whereas, there was 0.2% decrease reported in the national unemployment rate from August to 3.% but was little changed since September 2018.

In addition, “Nonfarm payroll employment increased in 3 states in September 2019, decreased in 2, and was essentially unchanged in 45 states and the District of Columbia. Over the year, 27 states added nonfarm payroll jobs and 23 states and the District were essentially unchanged.,” as stated by the BLS.

Unemployment rates

Notably, Vermont recorded the lowest unemployment rate in September, 2.2%. On the other hand,  Alaska had the highest jobless rate, 6.2%. In total, 15 states had unemployment rates lower than the U.S. figure of 3.5%, 14 states and the District of Columbia had higher rates, and 21 states had rates that were not appreciably different from that of the nation.

For the period of September, South Carolina had the largest over-the-month unemployment rate decline of 0.3%, while Mississippi had the largest rate increase 0.2%. Furthermore, Thirty-nine states and the District of Columbia had jobless rates that were not notably different from those of a month earlier.

Alabama, Colorado, and New Jersey experienced the highest over-the-year unemployment rate decreases (-0.8 percentage point each). The only rate increases from September 2018 was observed in Mississippi (+0.7 percentage point) and Nebraska (+0.4 point).

Nonfarm Payroll Employment

In September 2019, Nonfarm payroll employment rose in three states. The employment increases occurred in Kentucky (+8,200, or +0.4%), Idaho (+4,600, or +0.6%), and Hawaii (+4,500, or +0.7%). However, employment fell in September in Virginia (-14,700, or -0.4%) and New Hampshire (-3,500, or -0.5%).

Moreover, according to BLS, “twenty-seven states had over-the-year increases in nonfarm payroll employment in September. The largest job gains occurred in California (+320,000), Texas (+300,000), and Florida (+224,700). The largest percentage gains occurred in Nevada (+3.2%), Idaho (+3.1%), and Utah (+3.0%).”

Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
image (5)
May 8, 2026   Kingston: Mayberry Investments Limited (“MIL”), issuer of the invitation for subscription of its 10.50% Public Bond Offering …
shutterstock_537598660
May 8, 2026 Wisynco Group Limited (WISYNCO) Unaudited financials for the nine months ended March 31, 2026: Wisynco Group Limited (WISYNCO) re…
shutterstock_367343003
May 08, 2026 Net International Reserves – April 2026 BOJ has reported that Jamaica’s Net International Reserves as at April 30, 2026, stood at US$6,…
shutterstock_148562033
May 8, 2026   Supreme Ventures Limited (SVL) has advised that on May 7, 2026, senior managers purchased a total of 1,298,000 SVL shares, a …
shutterstock_453968572
May 8, 2026   VM Investments Limited (VMIL) has advised of the passing of Director Mr. Matthew Wright.   Disclaimer: Anal…
shutterstock_453968572
May 8, 2026   Kingston Properties Limited (KPREIT) has advised of the following changes to its board sub-committees: Mr. Frederick Wil…
shutterstock_453968572
May 8, 2026   Caribbean Producers Jamaica Limited (CPJ) has advised of the appointment of Mr. John De Silva to the Board of Directors, effe…
shutterstock_609342323
May 8, 2026   NCB Financial Group Limited (NCBFG) has declared an interim dividend of $0.50 per stock unit payable on June 5, 2026, to stoc…