Wednesday, October 28, 2009

Unemployment Worsens in 371 of 372 U.S. Metropolitan Areas

The U.S. Bureau of Labor Statistics has just reported that unemployment rates were higher in September than a year earlier in 371 ofthe 372 metropolitan areas and lower in 1 area.

El Centro, Calif., and Yuma, Ariz., recorded the highest unemployment rates, 30.1 and 24.2%, respectively.

Bismarck, N.D., registered the lowest unemployment rate in September, 2.9%, followed by Fargo, N.D.-Minn., 3.7%.

We hope they don't just chop the unemployed into the wood chippers there.

Thirteen areas recorded jobless rates of at least 15.0%, while 12 areas registered rates below 5.0%. The national unemployment rate in September was 9.5%, not seasonally ad-justed, up from 6.0% a year earlier. Among the 369 metropolitan areas for which non farm payroll employment data were available, 359 areas reported over-the-year decreases in employment, and 10 reported increases.

Detroit-Warren-Livonia, Mich., recorded the largest jobless rate increase from September 2008 (+8.4%), followed by Muskegon-Norton Shores,Mich. (+6.8%. An additional 5 areas registered unemployment rate in-creases of 6.0% or more, and another 34 areas had increases of 5.0 to 5.9%.

Access report here.

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