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Editor’s Word: This story initially appeared on Commodity.com.
Because the US continues to navigate the continuing influence of the COVID-19 pandemic, key financial indicators are sending blended messages about the place the financial system stands in the present day.
On the intense aspect, GDP grew 6.9% within the final three months of 2021 and consumer spending bought off to a powerful begin in 2022. On the similar time, annual inflation is at document ranges, based on the CPI and the US federal index. The Reserve is elevating rates of interest to gradual the financial system.
Many provide chain points from 2021 have spilled over into 2022, with new COVID-19 outbreaks in China, the Russian invasion of Ukraine and high power costs creating extra challenges.
The labor market is offering additional unclear alerts. The Bureau of Labor Statistics reported in April 2022 that the unemployment charge had fallen to three.6%, about the speed in February 2020, earlier than the pandemic hit the U.S. Jobs that pay higher or provide higher working circumstances.
However employees have extra energy within the financial system largely as a result of the labor pressure participation charge stays under pre-pandemic ranges, which means there are fewer folks accessible for all present job vacancies.
To find out the states with probably the most job openings, Commodity.com researchers calculated the typical job opening charge for the fourth quarter of 2021, the latest quarter accessible. The info used on this evaluation is from the US Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). Within the occasion of a tie, the state with the larger complete variety of job presents was ranked higher. The researchers additionally included statistics on hiring charges, total hiring, and total employment.
Listed below are the states with probably the most job openings.
15. West Virginia
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Common charge of vacancies: 7.47%
Common rental worth: 5.13%
Common Month-to-month Vacancies: 56,000
Common month-to-month rents: 35,667
Common month-to-month employment: 694,805
14.Indiana
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Common charge of vacancies: 7.47%
Common rental worth: 4.77%
Common Month-to-month Vacancies: 251,333
Common month-to-month rents: 148,000
Common month-to-month employment: 3,104,895
13. Maryland
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Common charge of vacancies: 7.50%
Common rental worth: 3.80%
Common Month-to-month Vacancies: 217,667
Common month-to-month rents: 102,333
Common month-to-month employment: 2,692,982
12. Massachusetts
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Common charge of vacancies: 7.50%
Common rental worth: 3.70%
Common Month-to-month Vacancies: 288,667
Common month-to-month rents: 132,333
Common month-to-month employment: 3,576,577
11. North Carolina
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Common charge of vacancies: 7.57%
Common rental worth: 5.07%
Common Month-to-month Vacancies: 375,667
Common month-to-month rents: 232,333
Common month-to-month employment: 4,585,526
10. Missouri
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Common charge of vacancies: 7.60%
Common rental worth: 4.03%
Common Month-to-month Vacancies: 235,333
Common month-to-month rents: 115,000
Common month-to-month employment: 2,851,240
9. Vermont
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Common charge of vacancies: 7.77%
Common rental worth: 4.70%
Common Month-to-month Vacancies: 25,000
Common month-to-month rents: 14,000
Common month-to-month employment: 297,872
8.South Carolina
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Common charge of vacancies: 7.87%
Common rental worth: 5.57%
Common Month-to-month Vacancies: 184,667
Common month-to-month rents: 120,333
Common month-to-month employment: 2,161,677
7.Michigan
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Common charge of vacancies: 7.90%
Common rental worth: 4.80%
Common Month-to-month Vacancies: 365,333
Common month-to-month rents: 204,000
Common month-to-month employment: 4,250,000
6. Wyoming
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Common charge of vacancies: 7.93%
Common rental worth: 5.17%
Common Month-to-month Vacancies: 24,000
Common month-to-month rents: 14,333
Common month-to-month employment: 277,419
5. New Hampshire
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Common charge of vacancies: 7.93%
Common rental worth: 4.80%
Common Month-to-month Vacancies: 57,667
Common month-to-month rents: 32,000
Common month-to-month employment: 666,667
4. Georgia
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Common charge of vacancies: 8.23%
Common rental worth: 5.30%
Common Month-to-month Vacancies: 416,667
Common month-to-month rents: 245,333
Common month-to-month employment: 4,628,931
3. Montana
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Common charge of vacancies: 8.37%
Common rental worth: 5.40%
Common Month-to-month Vacancies: 44,667
Common month-to-month rents: 26,333
Common month-to-month employment: 487,654
2. Hawaii
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Common charge of vacancies: 8.60%
Common rental worth: 5.73%
Common Month-to-month Vacancies: 55,000
Common month-to-month rents: 33,333
Common month-to-month employment: 581,395
1.Alaska
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Common charge of vacancies: 9.00%
Common rental worth: 6.17%
Common Month-to-month Vacancies: 31,000
Common month-to-month rents: 19,333
Common month-to-month employment: 313,514
methodology
fizkes / Shutterstock.com
The info used on this evaluation is from the US Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS).
To find out the states with probably the most job openings, the researchers calculated the typical variety of job openings for the fourth quarter of 2021, the newest quarter accessible.
Within the occasion of a tie, the state with the larger complete variety of job presents was ranked higher. The researchers additionally included statistics on hiring charges, total hiring, and total employment.
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