Monday, 24 September, 2018

Unemployment rate in Albania shrinks

AR Unemployment Holds Steady at 3.7 Percent Inc. All rights reserved. This material may not be published broadcast rewritten or redistributed
Faye Gross | 13 March, 2018, 07:03

The report says the Hoosier state's unemployment rate stands at 3.3% for December and remains lower than the national rate of 4.1%.

For 70 years, an unemployment rate of 5 percent has been considered the point at which everyone who wants a job has one, employers have the skilled workers they need and there is limited inflationary pressure on wages. New England's average was 3.7 percent for the month.

St. Johns County still ranks as having the lowest unemployment rate in the state, with Okaloosa in second place. The agency reported that the US economy added 313,000 jobs in February, marking the country's 89th consecutive month of job growth.

Vermont Labor Commissioner Lyndsay Kurrle says the limiting factor of economic growth in the state is the labor force.

Jeff Hardy Arrest: WWE Superstar Booked for DWI
Hardy had not wrestled since undergoing surgery in September, but was scheduled to begin training again this month. In a more serious case, Hardy was arrested in 2009 on charges of trafficking and possession of anabolic steroids.


Although the total number of nonfarm payroll jobs continues to increase, the rate of growth is slowing, increasing 2.2 percent in 2017 compared to a recent high of 3.5 percent in 2014, according to data from the labor department.

Self-employed people, like proprietors or independent contractors, are not accounted for in unemployment figures, however. Since December 2010, Florida businesses have created almost 1.5 million jobs, which includes more than 144,000 in the a year ago.

There was a loss of 1,100 in trade, transportation and utilities jobs and a loss of 1,000 in the "other services" category. Local, state and federal government jobs also lost jobs over the past year.

During the fourth quarter, unemployment rate among people aged between 15-29 years dropped to 24.6 percent from 26 percent a year earlier. Whereas, in quarterly terms, total employment increased with 0.9 % compared to the third quarter of 2017.

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