Jobs ... Really?

Today the Bureau of Labor Statistics came out with its jobs numbers for April:

Nonfarm payroll employment was little changed in April (-20,000), following job losses that totaled 240,000 in the first 3 months of the year, the bureau of Labor Statistics of the U.S. Department of Labor reported today. The unemployment rate, at 5.0 percent, also was little changed in April. Employment continued to decline in construction, manufacturing, and retail trade, while jobs were added in health care and in professional and technical services.

Analyses & Rank-ordering of Job Growth & Decline in the States: January 2008

Attached are my analyses of the January jobs data for the 50 states and Washington DC that were released yesterday by the BLS.

Note that Rhode Island, Vermont and Florida now join long-suffering Michigan having lost jobs yr/yr, with stagnation in job growth in Wisconsin and Ohio.

The Manufacturing sector continues to be the hardest hit yr/yr with only 39 states losing or having no gain in Manufacturing jobs; 31 states lost jobs in Financial Activities including real estate and 28 states lost Construction jobs -- including a -10.5% plunge in Florida.