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CA's unemployment rate hits 5 percent, the lowest in 10 years

CA's unemployment rate hits 5 percent, the lowest in 10 years

Ohio's rate was a bit higher than the national rate, which dropped from 4.8 percent in January to 4.7 percent last month.

Full employment means most of the people who want a job have one, but it isn't zero unemployment as some people are in transition between jobs.

The jobless rate among Asians in February was 3.4 percent, down from 3.7 percent in January, BLS reported. Ceres had an unemployment rate of 9.4 percent in February, down from the 9.6 percent in January. This is fueled by hiring in private education with added the majority of the jobs, 1,300. Manufacturing jobs fell 1,000 to 154,600. The rate fell from 5.9 percent in January to 5.6 percent in February.

In February, Kentucky's civilian labor force stood at more than 2.04 million, an increase of 18,982 individuals from the previous month.

Among the counties bordering St. Johns, Clay had the lowest unemployment rate in February at 4.3 percent. Over the last 12 months, the state added 315,800 jobs, an increase of 1.9 percent.

More news: Global gold prices slip on technical selling, Fed stance lends support

Data from the Bureau of Labor Statistics shows that Iowa now has a seasonally adjusted unemployment rate of 3.2 percent.

It isn't surprising that the unemployment rate continues to fall and that nonfarm payroll jobs continue to rise, said Greg Kaza, executive director of the Arkansas Policy Foundation in Little Rock. The drop brings Iowa's unemployment rate down to about where it was in the early 2000s.

Illinois' jobs market saw unusually strong gains in February, giving the state a welcome boost in its economic data.

County unemployment rates for February are scheduled to be released Wednesday, April 5.

During February, all but two private sector industry groups measured in the establishment survey posted net job increases compared to the same time a year ago as natural resources and mining shed 800 positions and the information industry lost 600 positions. In comparison, job growth averaged about 2,800 per month in the same period of 2016. That compares to a 1.6% increase in the nation as a whole.

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