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15 US states with record low unemployment

According to the Bureau of Labor Statistics (BLS), as of November 2019, the US unemployment rate was 3,5%. The last time he was at such a low level was almost half a century ago, in December 1969. It is forecasted that by the end of 2020 the unemployment rate will fall even lower to 3,25% across the country, notes GOBankingRates... The publication has collected information about states where this indicator is especially low - it is worth paying attention to those who are looking for work.

Vermont. Photo: Depositphotos

Now is a good time to look for work, as a healthy unemployment rate usually indicates that employers will be raising wages and competing to hire new workers. Employers added 266 jobs in November, according to The New York Times. BLS publishes unemployment data every month, which shows a steady decline over the past decade.

To find out which states had the lowest unemployment rates nationwide, GOBankingRates analyzed the seasonal unemployment adjustments for October 2019 from BLS and compiled the unemployment rate for each state in October 2009.

1. Vermont

  • October 2019 unemployment rate: 2,2%
  • October 2009 unemployment rate: 6,4%
  • Unemployment Reduction: 4,2 percentage points
  • Historical Low Date: August 2019
  • Historical minimum rate: 2,1%
  • Average household income in 2018: $ 60

2. North Dakota

  • October 2019 unemployment rate: 2,5%
  • October 2009 unemployment rate: 4%
  • Unemployment Reduction: 1,5 percentage points
  • Historical Low Date: June 2019
  • Historical minimum rate: 2,3%
  • Average household income in 2018: $ 63

3. Utah

  • October 2019 unemployment rate: 2,5%
  • October 2009 unemployment rate: 7,7%
  • Unemployment Reduction: 5,2 percentage points
  • Historical Low Date: April 2007
  • Historical minimum rate: 2,4%
  • Average household income in 2018: $ 71

4. Colorado

  • October 2019 unemployment rate: 2,6%
  • October 2009 unemployment rate: 7,8%
  • Unemployment Reduction: 5,2 percentage points
  • Historical Low Date: October 2019
  • Historical minimum rate: 2,6%
  • Average household income in 2018: $ 71

Note: This unemployment rate is the lowest for the state.

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Colorado. Photo: Depositphotos

5. Iowa

  • October 2019 unemployment rate: 2,6%
  • October 2009 unemployment rate: 6,5%
  • Unemployment Reduction: 3,9 percentage points
  • Historical Low Date: June 2019
  • Historical minimum rate: 2,4%
  • Average household income in 2018: $ 59

6. New Hampshire

  • October 2019 unemployment rate: 2,6%
  • October 2009 unemployment rate: 6,4%
  • Unemployment Reduction: 3,8 percentage points
  • Historical Low Date: March 1988
  • Historical minimum rate: 2,2%
  • Average household income in 2018: $ 74

7. South Carolina

  • October 2019 unemployment rate: 2,6%
  • October 2009 unemployment rate: 11,6%
  • Unemployment Reduction: 9 percentage points
  • Historical Low Date: October 2019
  • Historical minimum rate: 2,6%
  • Average household income in 2018: $ 52

Note: This unemployment rate is the lowest for the state.

8. Virginia

  • October 2019 unemployment rate: 2,6%
  • October 2009 unemployment rate: 7,1%
  • Unemployment Reduction: 4,5 percentage points
  • Historical Low Date: November 2000
  • Historical minimum rate: 2,1%
  • Average household income in 2018: $ 72

9. Hawaii

  • October 2019 unemployment rate: 2,7%
  • October 2009 unemployment rate: 7,3%
  • Unemployment Reduction: 4,6 percentage points
  • Historical Low Date: November 2017
  • Historical minimum rate: 2,2%
  • Average household income in 2018: $ 80

10. Alabama

  • October 2019 unemployment rate: 2,8%
  • October 2009 unemployment rate: 11,8%
  • Unemployment Reduction: 9 percentage points
  • Historical Low Date: October 2019
  • Historical minimum rate: 2,8%
  • Average household income in 2018: $ 49

Note: This unemployment rate is the lowest for the state.

On the subject: How to find companies in the USA that make work visas

Alabama. Photo: Depositphotos

11. Arizona

  • October 2019 unemployment rate: 4,8%
  • October 2009 unemployment rate: 10,8%
  • Unemployment Reduction: 6 percentage points
  • Date of historic low: July 2007
  • Historical minimum rate: 3,6%
  • Average household income in 2018: $ 59

12. New Mexico

  • October 2019 unemployment rate: 4,8%
  • October 2009 unemployment rate: 7,8%
  • Unemployment Reduction: 3 percentage points
  • Date of historic low: September 2007
  • Historical minimum rate: 3,7%
  • Average household income in 2018: $ 47

13. West Virginia

  • October 2019 unemployment rate: 4,8%
  • October 2009 unemployment rate: 8,3%
  • Unemployment Reduction: 3,5 percentage points
  • Date of historic low: July 2008
  • Historical minimum rate: 4%
  • Average household income in 2018: $ 44

14. Mississippi

  • October 2019 unemployment rate: 5,5%
  • October 2009 unemployment rate: 10,2%
  • Unemployment Reduction: 4,7 percentage points
  • Historical Low Date: January 2019
  • Historical minimum rate: 4,7%
  • Average household income in 2018: $ 44

15. Alaska

  • October 2019 unemployment rate: 6,2%
  • October 2009 unemployment rate: 8%
  • Unemployment Reduction: 1,8 percentage points
  • Historical Low Date: October 2019
  • Historical minimum rate: 6,2%
  • Average household income in 2018: $ 74

Note: This unemployment rate is the lowest for the state.

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