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HomeMacroeconomicsEmployment Situation in August: State-Level Analysis

Employment Situation in August: State-Level Analysis


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Nonfarm payroll employment increased in 37 states in August compared to the previous month while 13 states and the District of Columbia lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 315,000 in August, following a gain of 526,000 jobs in July.

On a month-over-month basis, employment data was strong in Kentucky, which added 26,700 jobs, followed by New York (+25,600), and Florida (+20,700). Thirteen states and the District of Columbia lost a total of 35,400 jobs.  In percentage terms, employment in Alaska and Kentucky each increased by 1.4% while Mississippi reported a 0.7% decline between July and August.

Year-over-year ending in August, 5.8 million jobs have been recovered, marking a full recovery of the labor market from the COVID-19 pandemic induced recession. All the states and District of Columbia added jobs compared to a year ago. The range of job gains spanned 726,900 jobs in Texas to 5,700 jobs added in Vermont. In percentage terms, Texas reported the highest increase by 5.7%, while Mississippi increased by 1.0% compared to a year ago.

Across the 48 states which reported construction sector jobs data—which includes both residential as well as non-residential construction— 30 states reported an increase in August compared to July, while 15 lost construction sector jobs. Maryland, Maine, and Nevada reported no change. Arizona added 5,300 construction jobs while Minnesota lost 1,900 jobs. Overall, the construction industry added a net 16,000 jobs in August compared to the previous month. In percentage terms, Arizona increased by 2.9% while Wyoming reported a decline of 3.2% between July and August.

Year-over-year, construction sector jobs in the U.S. increased by 311,000, which is a 4.2% increase compared to the August 2021 level. Texas added 50,000 jobs, which was the largest gain of any state, while Minnesota lost 1,800 construction sector jobs. In percentage terms, New Mexico had the highest annual growth rate in the construction sector by 14.2%. Over this period, Minnesota reported a decline of 1.4%.

 



Tags: construction labor, economics, state and local markets, state employment



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