Special Report

States With the Highest Unemployment Last Month

Source: ChrisBoswell / iStock via Getty Images

Massachusetts
> Feb. 2022 unemployment rate: 4.7% (12th highest)
> 1-month change: -0.1 percentage points
> 1-yr. change: -2.0 percentage points
> All-time high unemployment rate: 17.1% (Apr. 2020)
> All-time low unemployment rate: 2.7% (Nov. 2000)

Source: DenisTangneyJr / iStock via Getty Images

Michigan
> Feb. 2022 unemployment rate: 4.7% (12th highest)
> 1-month change: -0.2 percentage points
> 1-yr. change: -1.6 percentage points
> All-time high unemployment rate: 22.7% (Apr. 2020)
> All-time low unemployment rate: 3.2% (Feb. 2000)

Source: Gian Lorenzo Ferretti Photography / E+ via Getty Images

Minnesota
> Feb. 2022 unemployment rate: 2.7% (8th lowest)
> 1-month change: -0.2 percentage points
> 1-yr. change: -1.2 percentage points
> All-time high unemployment rate: 10.8% (May 2020)
> All-time low unemployment rate: 2.5% (Mar. 1999)

Source: peeterv / iStock via Getty Images

Mississippi
> Feb. 2022 unemployment rate: 4.5% (15th highest)
> 1-month change: -0.1 percentage points
> 1-yr. change: -2.0 percentage points
> All-time high unemployment rate: 15.4% (Apr. 2020)
> All-time low unemployment rate: 4.5% (Feb. 2022)

Source: Art Wager / E+ via Getty Images

Missouri
> Feb. 2022 unemployment rate: 3.7% (23rd lowest)
> 1-month change: -0.1 percentage points
> 1-yr. change: -1.2 percentage points
> All-time high unemployment rate: 11.2% (Apr. 2020)
> All-time low unemployment rate: 2.9% (July 2019)

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.