Washington, D.C. – Today, the U.S. Congress Joint Economic Committee
(JEC) released its monthly state-by-state report, titled “Understanding
the Economy: State-by-State Snapshots.” The updated report
shows that 37 states and the District of Columbia saw unemployment rate
decreases in May and 27 states saw private sector employment increases.
Moreover, three states – Massachusetts, Tennessee, and Texas – have seen
private sector employment grow each month in 2010.
Nationally, the private sector has added jobs every month this year, for a total private sector gain of 495,000 jobs in 2010. The private sector job gain in May was the first time the economy did not lose private sector jobs in May of a Census year since May 1950 (to read the Executive Summary of the report, click here).
“This month’s report shows some bright spots in the states. The unemployment rate decreased in most states and in three sectors – manufacturing, professional and business services, and leisure and hospitality – we have seen consistent growth nationally as well as in our states,” said Congresswoman Carolyn Maloney, Chair of the JEC. “We’ve made real progress in the past year, but we have more work to do. In too many states, unemployment remains unacceptably high. Congress must redouble its efforts to pass legislation that eases the pain and gets more Americans back to work.”
Understanding the Economy: State-by-State Snapshots features key economic statistics for each state and the District of Columbia, including:
- Jobs created or lost since the start of the recession;
- Jobs saved or created by the Recovery Act;
- Unemployment rates;
- Per capita earnings; and,
- The condition of the housing sector.
The report, available online at www.jec.senate.gov, has been updated to include state data released June 18, 2010 by the Bureau of Labor Statistics (BLS) and is the sixth installment of JEC’s State-by-State Economic Snapshots series. The first report was released in January 2010. The JEC will continue to update Understanding the Economy: State-by-State Snapshots monthly.
A link to each state’s report follows:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
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The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.
