Washington State takes the 4th slot on highest unemployment rate along with Illinois – with both states rising to 4.9% in May

Sharing is Caring!

In May 2024, both Washington State and Illinois experienced an unemployment rate of 4.9%While Washington’s economy added an estimated 16,000 jobs during that period, Illinois saw an increase of 12,700 nonfarm payrolls. It’s interesting to note that last summer, Washington’s unemployment rate was a record low of 3.6%.

See also  Mortgage-yield spread signals rising consumer risk, hinting at economic downturn pressures. 30 year average US mortgage rates are above 7% again! Dow Jones 1929 vs 2024 update
See also  California unemployment is pulling a 2008 trajectory. Another half-million jobs reported under Biden turn out to be phantom!