With winter beginning to bear down, who could turn down a job in California?
The Labor Department delivered its state-by-state breakdown of the US jobs picture and the usual suspects led the way. California added 41.5k jobs, Texas 35.2k and Florida 34.4k.
That’s largely driven by the huge populations of those states. But if you’re a job hunter, North Dakota is easily the best place to be with an unemployment rate of just 2.8% while California is near the bottom at 7.3%.
The state report shows over all US unemployment down to 6.0% in October from 6.2% in September but that’s still below the nationally reported rate of 5.8%.
The top sectors were ‘trade, transportation and utilities’, ‘government’, ‘education and health’ and ‘professional and business services’. The top three sectors aren’t particularly driven by the private economy and that’s worrisome.