As Q1 of 2024 came to a close, there are positive signs that the labor market remains strong.
While there has been some stabilization and growth in many sectors of the market, some experts argue that unemployment rates have increased in some of the most populous states in the US, indicating that there may be more pockets of weakness in the labor market than what the national figures suggest.
Even though the national unemployment rate is low, there are notable regional variations that need to be considered in addition to the larger trends.
