WASHINGTON – Joint Economic Committee (JEC) Ranking Democrat Carolyn Maloney (D-NY) released a report by Committee Democratic staff providing a snapshot of the economic conditions in all 50 states and the District of Columbia. The report shows that private-sector employment increased in 33 states and the District of Columbia in July, while the unemployment rate fell in 24 states and the District of Columbia. The report also revealed that average hourly earnings, adjusted for inflation, have increased in 43 states over the past year.

 

“As the latest numbers show, the economy continues to move in the right direction, with solid gains in private-sector employment and in earnings,” Ranking Member Maloney said. “However, not everyone who seeks a full-time job is able to find one. We have made significant progress since the peak of the Great Recession, however we still have work to do. We must invest in infrastructure, in education and in research to push this country toward full employment.”

 

Key findings of the July State Economic Snapshots include:

• The largest private-sector job gains came in California (81,800), Texas (22,500) and New York (19,300), while Oklahoma, Montana, New Hampshire, California, Arizona and Maryland saw the largest percentage increases.
• The largest declines in the unemployment rate were in Connecticut and Hawaii (-0.3 percentage point each) and Florida, Indiana, Louisiana, Michigan, New Jersey, Ohio, South Carolina and the District of Columbia (-0.2 percentage point each).
• Nevada saw the largest gain in average hourly earnings over the past 12 months, adjusted for inflation, with a 5.2 percent increase, followed by South Dakota with a 4.3 percent increase and Vermont and Alaska with 4.2 percent increases in each.

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