Utah made significant strides after revised data revealed that the state did indeed have the lowest rate of unemployment. http://url.ie/11qcq
A report released by the Associated Builders and Contractors (ABC) was released on April 5. This includes a series of data revealing unemployment rates and construction business contributions to the gross domestic product of each state.
Based on the ABC's findings, the top five states for the lowest estimated unemployment rates in the construction industry are the following (in ranking order):
- Utah (5.3%)
- Colorado (5.8%)
- Hawaii/Idaho (tied) (5.9%)
- Nebraska (6%)
Utah was previously listed lower on the list but revised data from what was reported in January has bumped the state to the top of the list.
The states that have the highest rates of unemployment in February were also listed. The ranking goes from lowest to highest in this case:
- Pennsylvania (13.1%)
- West Virginia (13.6%)
- New Mexico (15%)
- Rhode Island (14.2%)
- Alaska (16.5%)
According to previous data, Alaska generally rates highest in the country for unemployment and actually due to a %5.8 reduction the state made the most dramatic changes since January.
For a full look at the ABC's February report, click this here.