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.

State Employment and Unemployment — October 2021

Date: November 19, 2021

Unemployment rates dropped in October in 28 states and the District of Columbia and stable in 22 states, the U.S. Bureau of Labor Statistics reported today. Forty-five states and the district had jobless rate decreases from a year earlier and five states were little changed. The national unemployment rate, 4.6 percent, ticked down by 0.2 percentage points over the month and was 2.3 points below October 2020.

Nonfarm payroll employment increased in 25 states and the District of Columbia and was essentially unchanged in 25 states in October 2021. Over the year, 48 states and the District of Columbia added nonfarm payroll jobs and 2 states were essentially unchanged.

Unemployment

California and Nevada had the greatest unemployment rates in October, 7.3 percent each. Nebraska and Utah had the lowest jobless rates, 1.9 percent and 2.2 percent, respectively. The rates in Georgia (3.1 percent), Nebraska (1.9 percent), Oklahoma (2.7 percent), Utah (2.2 percent), and West Virginia (4.3 percent) set new series lows. (All state series begin in 1976.) In total, 19 states had unemployment rates lower than the U.S. figure of 4.6 percent, 16 states and the District of Columbia had greater rates, and 15 states had rates that were not appreciably different from that of the nation.

In October, Arizona had the largest over-the-month unemployment rate decrease (-0.5 percentage point), closely followed by Connecticut, Louisiana, New Mexico, and Wyoming (-0.4 point each). Twenty-two states had jobless rates that were not markedly different from those of a month earlier, though some had changes that were at least as large numerically as the significant changes.

The largest unemployment rate falls from October 2020 occurred in Hawaii (-7.7 percentage points). The next largest over-the-year jobless rate drop was in Nevada (-4.7 percentage points), with another three states experiencing decreases of 3.0 points or more.

Nonfarm Payroll Employment

Nonfarm payroll employment climbed in 25 states and the District of Columbia and was essentially unchanged in 25 states in October 2021. The greatest job gains occurred in California (+96,800), Texas (+56,600), and New York (+43,900). The greatest percentage increases occurred in Louisiana (+1.9 percent), Alaska (+1.4 percent), and Michigan and the District (+0.9 percent each).

Over the year, nonfarm payroll employment grew in 48 states and the District of Columbia and was essentially unchanged in 2 states. The largest job increases occurred in California (+811,200), Texas (+661,300), and Florida (+428,600). The largest percentage gains occurred in Hawaii (+10.5 percent), Nevada (+7.6 percent), and Massachusetts (+5.9 percent).

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. 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
shutterstock_148562033
June 12, 2026   Wisynco Group Limited (WISYNCO) has advised of the purchase of 420,500 WISYNCO shares on June 11, 2026, by eligible employe…
shutterstock_148562033
June 12, 2026   JMMB Group Limited (JMMBGL) has advised that a connected party purchased 99,816 JMMBGL shares on June 11, 2026.   …
shutterstock_453968572
June 12, 2026   Scotia Group Jamaica Limited (SGJ) has advised that based on the unanimous recommendation of a committee of Independent Dir…
shutterstock_609342323
June 12, 2026   Scotia Group Jamaica Limited (SGJ) has declared a second interim dividend of $0.45 per stock unit payable on July 23, 2026,…
shutterstock_342262439
June 12, 2026 Scotia Group Jamaica Limited (SGJ) Unaudited financials for the six months ended April 30, 2026 Scotia Group Jamaica Limited (SGJ…
shutterstock_453968572
June 12, 2026   United States: Economists Push Fed Rate-Cut Expectations Into 2027, Survey Shows     Economists moved back thei…
shutterstock_342262439
June 11, 2026   Caribbean Cement Company Limited (CCC) has advised that its Board of Directors, at a meeting held on June 10, 2026, recomme…
shutterstock_453968572
June 11, 2026   Dolphin Cove Limited (DCOVE) has advised that by mutual agreement, KPMG will not seek reappointment at the Annual General M…