CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Unemployment Rate

Definition

Annual average unemployment rate of the civilian labor force, 2010.

Description

A person is defined as unemployed if they do not have a job, are available for work and have been actively looking for a job in the prior four weeks. The unemployment rate measured here follows the U.S. Department of Labor’s official definition of unemployment, which is the most commonly used measure of the mismatch between the number of jobs and job-seekers. However, it does not capture any information about the number of discouraged workers who have stopped actively looking for work, nor does it reflect instances when a part-time worker would prefer to be employed full-time.

The Scorecard uses the most recently available annual unemployment rates for purposes of ranking, but the monthly rates have fluctuated considerably in 2011. The national unemployment rate was 8.5% in December 2011.

toggle page width

Unemployment Rate

StateUnemployment Rate (%)Rank
United States  9.6%   
Alabama  10.5%  40 
Alaska  8.0%  16 
Arizona  10.4%  39 
Arkansas  8.6%  24 
California  12.2%  49 
Colorado  8.7%  26 
Connecticut  9.2%  30 
Delaware  8.5%  20 
District of Columbia  9.2%  30 
Florida  11.1%  47 
Georgia  10.7%  43 
Hawaii  7.0% 
Idaho  9.0%  28 
Illinois  10.2%  36 
Indiana  10.6%  42 
Iowa  6.1% 
Kansas  7.4%  11 
Kentucky  10.3%  38 
Louisiana  7.8%  15 
Maine  8.2%  18 
Maryland  7.7%  13 
Massachusetts  8.5%  20 
Michigan  12.2%  49 
Minnesota  7.3%  10 
Mississippi  10.9%  44 
Missouri  9.5%  34 
Montana  7.7%  13 
Nebraska  4.8% 
Nevada  14.4%  51 
New Hampshire  6.0% 
New Jersey  9.3%  32 
New Mexico  8.5%  20 
New York  8.5%  20 
North Carolina  10.5%  40 
North Dakota  3.8% 
Ohio  10.1%  35 
Oklahoma  7.2% 
Oregon  11.0%  45 
Pennsylvania  8.6%  24 
Rhode Island  11.3%  48 
South Carolina  11.0%  45 
South Dakota  5.1% 
Tennessee  9.4%  33 
Texas  8.0%  16 
Utah  8.2%  18 
Vermont  6.2% 
Virginia  7.5%  12 
Washington  10.2%  36 
West Virginia  9.0%  28 
Wisconsin  8.7%  26 
Wyoming  6.6% 

Source

Alternative Measures of Labor Underutilization by State, 2010 Annual Averages. Washington, DC: U.S. Department of Labor, Bureau of Labor Statistics, 2011.

Copyright © 2016 CFED — Corporation for Enterprise Development 1200 G Street, NW Suite 400 Washington, DC 20005 202.408.9788