5 States with the Largest Declines in Unemployment in 2022

In this article we are going to list the 5 states with the largest declines in unemployment in 2022. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 states with the largest declines in unemployment in 2022.

5. Florida

Rate of unemployment in Dec 2021: 3.5%

Rate of unemployment in Dec 2022: 2.5%

Florida’s workforce has increased t0 361,000 people over a span of one year from December 2021 to December 2022. The hospitality and leisure sector had gone through massive crashes when the pandemic hit; however, since December 2021, this sector has seen an increase in employment by 88,600 people.