BLS regional and state annual averages report for 2013 released

Jobs report: in your region

Source: BLS 

In 2013, as evidenced by the Bureau of Labor Statistics “Regional and State Unemployment — 2013 Annual Averages” report, the unemployment rate decreased in 43 U.S. states, plus the District of Columbia. It rose in only 2 states, and remained unchanged in 5 states. On average, the national rate fell 0.7 percent from the previous year, with December 2013 seeing the largest year-to-year rate drop of 1.2 percent. By the end of 2013, the national unemployment rate fell to 6.7 percent — the lowest since October 2008 — and in January 2014, the rate inched down to 6.6 percent.

All four U.S. regions saw remarkable decreases in their unemployment rates, with the West having the largest drop of 1.2 percentage points. While the West had the largest decrease, it still was well above the national rate, at 8.0 percent. Conversely, the South region had the only unemployment rate significantly below the national average, at 7.0 percent.

Zooming into the 9 geographic divisions, 6 of them had notable year-to-year unemployment rate decreases. The largest decrease occurred in the Pacific — which dropped 1.4 percent, and the South Atlantic — which fell 1.0 percent. Just like its parent region the Pacific had the largest percentage drop, but unfortunately retained the highest national unemployment rate of 8.4 percent — an unwanted title it has owned for the sixth year in a row.
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Can we be optimistic after two straight disappointing BLS jobs reports?

Millennial indecisive about his job. He, like many other Gen Yers may be a job hopper.For the second straight month, the Bureau of Labor Statistics “Employment Situation” report showed a slowdown in U.S. job creation. In December only 75,000 jobs were added, followed by January’s increase of 113,000 — both significantly lower than the 2013 average monthly gain of 194,000.

The fact is that December was the weakest month for job creation since August 2012. Employers hired fewer employees than any other month since last June, and layoffs reached a four-month high of 109,000 — which broke a three-month streak of progress. When you see this information and pair it with the tepid job creation numbers, it’s understandable why many believe that economic recovery has truly lost momentum.

But is there a silver lining in these “not-so-great” numbers? Is there something that we can feel positive about? Certainly there is.

First, the Bureau of Labor Statistics ”The Employment Situation – January 2013” report revealed that 638,000 more people said that they had work last month over December. This helped to lower the national unemployment rate to 6.6 percent, making it 1.3 percent less than what it was a year ago, and the lowest it has been in more than five years.
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USOC Athlete Career Program member spotlight: Pat Meek

Pat Meek is a member of the U.S. Long Track Speedskating team and part of the USOC Athlete Career Program sponsored by Adecco. The Athlete Career Program helps aspiring Olympic and Paralympic athletes find flexible job opportunities that afford them the time and financial resources necessary to train and prepare for competition.

Born in the Chicago suburb of Evanston, Illinois, Pat is a third-generation speedskater. With the help of his father and a 10-gallon bucket, he began speedskating when he was just two years old. His father continued to coach him all the way through high school, and instilled in Pat a love of the sport and pride of continuing the family tradition.
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2014 Job Market Perspectives blog series – Part three: The year ahead

singles_ADO_JMP14_v2_Page_01Every year we release our Job Market Perspectives report, which details the current state of the job market broken down by industry sector and region. The report also contains important topics and useful information such as a 2013 year in review, a summary of the last five years, as well as an executive polling section where we take a look at what business leaders are seeing and what challenges we face moving forward.

To coincide with the 2014 Job Market Perspectives Report release, we are publishing a three-part blog series to highlight some of the information in the report. In part one, we discussed the 2007-2009 recession and what impact it had on the job market. In part two, we presented a brief recap of 2013. In the final installment of this blog series, we give you a “sneak peak” of what to expect in the 2014 job market.
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2014 Job Market Perspectives blog series – Part two: 2013, a year in review

singles_ADO_JMP14_v2_Page_01Every year we release our Job Market Perspectives report, which details the current state of the job market broken down by industry sector and region. The report also contains important topics and useful information such as a 2013 year in review, a summary of the last five years, as well as an executive polling section where we take a look at what business leaders are seeing and what challenges we face moving forward.

To coincide with the 2014 Job Market Perspectives Report release, we are publishing a three-part blog series to highlight some of the information in the report. In part one, we discussed the 2007-2009 recession and what impact it had on the job market. In part two, we’ll present a recap of 2013 and show the progress we’ve made in the last year, and in the final installment we’ll present a “sneak peak” of what to expect in 2014.
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2014 Job Market Perspectives blog series – Part one: The recession

singles_ADO_JMP14_v2_Page_01Every year we release our Job Market Perspectives report, which details the current state of the job market broken down by industry sector and region. The report also contains important topics and useful information such as a 2013 year in review, a summary of the last five years, as well as an executive polling section where we take a look at what business leaders are seeing and what challenges we face moving forward.

To coincide with the 2014 Job Market Perspectives Report release, we are publishing a three-part blog series to highlight some of the information in the report. In part one, we’ll discuss the 2007-2009 recession and what impact it had on the job market. In part two, we’ll present a recap of 2013 and show the progress we’ve made in the last year, and in the final installment we’ll present a “sneak peak” of what to expect in 2014.
Read more »