John Worth

The April release of state unemployment rates from the Bureau of Labor Statistics provides additional evidence that, in most of the country, labor markets are healthy and continue to strengthen. An exception to this improving trend is in oil producing states, where unemployment rates have been rising. 

The January release of the Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics last week provides additional evidence that the labor market continues to tighten despite concerns about financial market volatility and weak foreign economic growth.