Unemployment By Numbers

Posted on | June 30, 2009 | No Comments

According to today’s Economic News Release from the Bureau of Labor Statistics, unemployment rates increased in 372 metropolitan areas in May.  But this stat is just the beginnings of a sketch of the job market.  The rest of the release paints a melancholy picture of the job market, accented with hopeful strokes representing the metro areas that appear to be faring, or recovering, well.

Unemployment By Numbers

372 Metro areas had over-the-year unemployment rate increases

295 Metro areas reported over-the-year rate decreases

148 Metro areas have unemployment rates higher than the national average

112 Metro areas have unemployment rates of at least 10%

97 Metro areas reported rates of below 7%

21 Metro areas have unemployment rates of below 5%

15 Metro areas reported over-the-year rate increases

15 Metro areas have unemployment rates of 15% or more

Of the 15 Metro areas with unemployment rates of 15% or more, 7 were in California, 3 in Michigan and 2 in Indiana

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