Unemployment Rate Changes by State – WalletHub Study

Staff Report

Monday, October 23rd, 2023

With inflation slowing but prices still relatively high and the U.S. gaining 336,000 jobs in September, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.

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 (September 2023) to key dates in 2023, 2022, 2020 and 2019.

Below, you can see highlights from the report, along with a WalletHub Q&A. 

Best Change in Unemployment 

Worst Change in Unemployment 

1. Maryland

42. Delaware

2. Vermont

43. Arizona

3. North Dakota

44. Texas

4. Rhode Island

45. Alaska

5. New Hampshire

46. Kentucky

6. Massachusetts

47. Illinois

7. South Dakota

48. California

8. Alabama

49. District of Columbia

9. Nebraska

50. New Jersey

10. Wyoming

51. Nevada

To view the full report and your state’s rank, please visit: https://wallethub.com/edu/states-unemployment-rates/74907