Unemployment rate drops to lowest in five years
The state’s seasonally adjusted unemployment rate fell significantly in April to 8.0 percent from March’s 8.4 percent estimate. This is the lowest rate since October 2008 and represents the largest month-to-month decrease since May 1987.
The number of employed people increased by 2,935 from March to April to 1,995,078. This is the tenth consecutive monthly increase in people finding work across the state. The estimated number of unemployed persons was 174,352. Nationally, the unemployment rate declined slightly to 7.5 percent.
