Thursday, August 29, 2013

Jobs Grow Here at Home

The Labor Department released a study of unemployment by city yesterday, and there was good news for our area: The largest year-over-year employment increase in the nation took place in the New York-Northern New Jersey metro area, where we added 189,400 jobs. Of course, we're also the largest metro area in the country to begin with.

Most areas did show improvement over the past year. All told, 320 of the nation's 372 metropolitan areas had more jobs this year than they did a year ago. Among the 37 metro areas with at least 750,000 jobs, 36 of them showed improvement, with the lone laggard being Cleveland, which saw employment drop by 0.4 percent.

The city with the lowest unemployment rate is Bismarck, North Dakota, with just 2.5 percent, a beneficiary of the natural gas boom that's going on in that state. The highest unemployment rate belongs to Yuma, Arizona, with a staggering 34.5 percent.

No comments:

Post a Comment