Sunday, December 20, 2015

Unemployment by state

How can we compare state unemployment?

Check out the first 15, all of them cold.  Small, cold plains states have to count inventory very accurately, including labor.  Unemployed are ice cubes.

Check out 15 bottom, dominated by  California.  Nevada, Oregon and Arizona; even New Mexico,are part of the California economy. So wherever California sits in the list, it brings three other states along with.

Along the California coast, camping is not that painful, and unemployment lasts longer.

The North East has been losing population,mostly those without jobs.

Then Florida specializes in  entitlements, they are strongly influenced by the baby boomer demographics.

How to sort out state comparisons?

Find the mutual entropy map between them so as to identify regional economic trends are encoded in the economy.    From there try to work with region to region differences.




Unemployment Rates for States
Monthly Rankings
Seasonally Adjusted
Nov. 2015p
RankStateRate
1NORTH DAKOTA2.7
2NEBRASKA2.9
3SOUTH DAKOTA3.0
4HAWAII3.2
4NEW HAMPSHIRE3.2
6IOWA3.4
7MINNESOTA3.5
7UTAH3.5
9COLORADO3.6
10VERMONT3.7
11IDAHO3.9
12KANSAS4.0
12MONTANA4.0
14MAINE4.1
14WYOMING4.1
16OKLAHOMA4.2
16VIRGINIA4.2
16WISCONSIN4.2
19INDIANA4.4
20OHIO4.5
21TEXAS4.6
22MASSACHUSETTS4.7
22MISSOURI4.7
24NEW YORK4.8
25KENTUCKY4.9
26ARKANSAS5.0
26FLORIDA5.0
26PENNSYLVANIA5.0
29CONNECTICUT5.1
29DELAWARE5.1
29MICHIGAN5.1
32MARYLAND5.2
32RHODE ISLAND5.2
34NEW JERSEY5.3
34WASHINGTON5.3
36SOUTH CAROLINA5.5
37GEORGIA5.6
37TENNESSEE5.6
39CALIFORNIA5.7
39ILLINOIS5.7
39NORTH CAROLINA5.7
39OREGON5.7
43ALABAMA6.0
43ARIZONA6.0
43MISSISSIPPI6.0
46LOUISIANA6.3
47ALASKA6.4
48NEVADA6.5
48WEST VIRGINIA6.5
50DISTRICT OF COLUMBIA6.6
51NEW MEXICO6.8

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