WASHINGTON – Joint Economic Committee (JEC) Ranking Democrat Carolyn Maloney (D-N.Y.) said Tuesday a new report by the JEC showed that private-sector employment increased in 31 states and the District of Columbia in August while average hourly earnings, adjusted for inflation, were up in 46 states over the past year.

The Democratic staff report that provides a snapshot of economic conditions in all 50 states and the District of Columbia also found that the unemployment rate fell in 29 states in August and remained the same in 11 states and the District of Columbia. In addition, home prices increased in all 50 states and the District of Columbia over the year ending in the second quarter of 2015.

“Despite gains in employment and earnings for most of the country, too many people are still hurting,” Maloney said. “Congress must stop dithering and pass a sound 2016 budget that includes investments in infrastructure, education and research, which is the best way to move this country toward full employment. We must do better for those at the bottom of the economic ladder so all Americans can participate in and benefit from the recovery.”

Over the past 12 months, 46 states and the District of Columbia gained private-sector jobs, with California, Florida, Texas, New York and North Carolina recording the largest increases, according to the JEC report. For the month of August, the largest private-sector gains occurred in Florida, Ohio, New Jersey, Minnesota and Massachusetts.

Over the past 12 months, 41 states and the District of Columbia reported declines in their unemployment rates, with the largest declines in Rhode Island, Michigan, California, Georgia and Indiana. For the month of August, the largest declines in the unemployment rate occurred in South Carolina, Ohio and Virginia.

Nationally, real average hourly earnings increased by 2.7 percent (not seasonally adjusted) in the past year. And home values appreciated in every state and the District of Columbia over the year between the second quarter of 2014 and the second quarter of 2015

 

Read the executive summary and 50 state economic snapshots here

 

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Joint Economic Committee Democrats Chairman - Senator Martin Heinrich (D-NM)

Private-Sector Employment Up in 31 States and D.C.

Average Hourly Earnings Up in 46 States

September 22, 2015

WASHINGTON – Joint Economic Committee (JEC) Ranking Democrat Carolyn Maloney (D-N.Y.) said Tuesday a new report by the JEC showed that private-sector employment increased in 31 states and the District of Columbia in August while average hourly earnings, adjusted for inflation, were up in 46 states over the past year.

The Democratic staff report that provides a snapshot of economic conditions in all 50 states and the District of Columbia also found that the unemployment rate fell in 29 states in August and remained the same in 11 states and the District of Columbia. In addition, home prices increased in all 50 states and the District of Columbia over the year ending in the second quarter of 2015.

“Despite gains in employment and earnings for most of the country, too many people are still hurting,” Maloney said. “Congress must stop dithering and pass a sound 2016 budget that includes investments in infrastructure, education and research, which is the best way to move this country toward full employment. We must do better for those at the bottom of the economic ladder so all Americans can participate in and benefit from the recovery.”

Over the past 12 months, 46 states and the District of Columbia gained private-sector jobs, with California, Florida, Texas, New York and North Carolina recording the largest increases, according to the JEC report. For the month of August, the largest private-sector gains occurred in Florida, Ohio, New Jersey, Minnesota and Massachusetts.

Over the past 12 months, 41 states and the District of Columbia reported declines in their unemployment rates, with the largest declines in Rhode Island, Michigan, California, Georgia and Indiana. For the month of August, the largest declines in the unemployment rate occurred in South Carolina, Ohio and Virginia.

Nationally, real average hourly earnings increased by 2.7 percent (not seasonally adjusted) in the past year. And home values appreciated in every state and the District of Columbia over the year between the second quarter of 2014 and the second quarter of 2015

 

Read the executive summary and 50 state economic snapshots here

 

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Permalink: https://www.jec.senate.gov/public/index.cfm/democrats/2015/9/private-sector-employment-up-in-31-states-and-d-c

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