Unemployment Rate Changes by State – WalletHub Study

Staff Report From Georgia CEO

Tuesday, September 24th, 2024

With the U.S. having gained 142,000 jobs in August, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with expert commentary.

In order to take stock of how unemployment rates are changing throughout the U.S., WalletHub compared the 50 states and the District of Columbia based on six key metrics that compare unemployment rate statistics from the latest month for which data is available (August 2024) to key dates in 2024, 2023, 2020 and 2019.

Best Change in Unemployment 

Worst Change in Unemployment

1. South Dakota

42. Colorado

2. Mississippi

43. New Jersey

3. North Dakota

44. Washington

4. Vermont

45. Kentucky

5. Wisconsin

46. Rhode Island

6. Hawaii

47. California

7. Nebraska

48. Illinois

8. Tennessee

49. South Carolina

9. Alabama

50. Nevada

10. Maine

51. District of Columbia

To view the full report and your state’s rank, please visit: wallethub.com