8 States With Record-Low Unemployment Levels Thanks in Part to Tax Reform
Did your state make the list?
Business is booming and pro-growth policies are working for everyday Americans!
The Tax Cuts and Jobs Act, combined with a series of regulatory reforms, have spurred new economic growth across the American economy.
This year a total of 14 states have set new record low unemployment rates.
In March alone, eight states announced new record low unemployment rates, including:
- California (4.3 percent)
- Hawaii (2.1 percent) – with the lowest unemployment rate in the nation
- Idaho (2.9 percent)
- Kentucky (4 percent)
- Maine (2.7 percent)
- Mississippi (4.5 percent)
- Oregon (4.1 percent)
- Wisconsin (2.9 percent)
Other states experiencing historically low unemployment levels include:
- Alabama (3.8 percent)
- Arkansas (3.6 percent)
- Colorado (2.6 percent)
- Iowa (2.8 percent)
- New Hampshire (2.7 percent)
- North Dakota (2.6 percent)
- Tennessee (3.4 percent)
- Vermont (2.7 percent)
In addition to record-low unemployment rates, wages are steadily rising. The average hourly wage for non-farm employees as of March 2017 is $26.82, up from $26.11 last year.
Thanks to the American Pay Raise, otherwise known as tax reform, American families are finally seeing real relief in the form of more jobs, greater economic growth and higher wages. But we can’t stop here.
There is still more work ahead to scale back burdensome federal regulations and build a brighter future for all Americans.
