The jobless rate for December was 3.7%, the same as November and a decline from 4% in December 1999, according to the Department of Economic Security. The average unemployment rate in the state for 2000 was 3.8%.
But those positive numbers belie a slowdown that shows up in the figures for the creation of new jobs, says Dan Anderson, a research administrator for the department. The number of new jobs created is a better barometer of the overall health of the economy, he says.
In December, the state's non-farm businesses added 16,200 jobs, down from 16,300 in November and well off from just a few months ago. In October, 19,000 jobs were added and in September 37,000 jobs were created.
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