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Unemployment falls in the majority of states

The BLS has released new data showing that of all US states and the District of Colombia, thirty-nine saw decreases in their unemployment rate, with California (-2.1%) leading the pack. 

The next greatest decreases were seen in New Jersey (2%), New Mexico (1.8%), Pennsylvania (1.6%), and Rhode Island (1.6). 

Oklahoma was the only state to see a substantive increase, with their rate rising 0.5 points since October 2021. 

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