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mahatmakanejeeves

(57,290 posts)
Thu Jun 30, 2016, 11:40 AM Jun 2016

May jobless rates down over the year in 333 of 387 metro areas; payroll jobs up in 311

May jobless rates down over the year in 333 of 387 metro areas; payroll jobs up in 311

Economic News Release USDL-16-1291

Metropolitan Area Employment and Unemployment Summary

For release 10:00 a.m. (EDT) Wednesday, June 29, 2016

Technical information:
Employment: (202) 691-6559 * sminfo@bls.gov * www.bls.gov/sae
Unemployment: (202) 691-6392 * lausinfo@bls.gov * www.bls.gov/lau

Media contact: (202) 691-5902 * PressOffice@bls.gov


METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT -- MAY 2016


Unemployment rates were lower in May than a year earlier in 333 of the 387 metropolitan areas, higher in 49 areas, and unchanged in 5 areas, the U.S. Bureau of Labor Statistics reported today. Twenty-four areas had jobless rates of less than 3.0 percent and two areas had rates of at least 10.0 percent. Nonfarm payroll employment increased over the year in 311 metropolitan areas, decreased in 70 areas, and was unchanged in 6 areas. The national unemployment rate in May was 4.5 percent, not seasonally adjusted, down from 5.3 percent a year earlier.

Metropolitan Area Unemployment (Not Seasonally Adjusted)

In May, the lowest unemployment rates were in Ames, Iowa; Burlington-South Burlington, Vt.; and Sioux Falls, S.D., 2.1 percent each. Yuma, Ariz., had the highest unemployment rate, 20.9 percent. A total of 187 areas had May jobless rates above the U.S. rate of 4.5 percent, 185 areas had rates below it, and 15 areas had rates equal to that of the nation. (See table 1.)

El Centro, Calif., had the largest over-the-year unemployment rate decrease in May (-4.1 percentage points). Nine other areas had rate declines of at least 2.0 percentage points. The largest over-the-year rate increase occurred in Casper, Wyo. (+2.7 percentage points).

Of the 51 metropolitan areas with a 2010 Census population of 1 million or more, Austin-Round Rock, Texas, had the lowest unemployment rate in May, 2.9 percent. Las Vegas-Henderson-Paradise, Nev., had the highest rate among the large areas, 6.4 percent. Forty-six large areas had over-the-year unemployment rate decreases and five had increases. The largest rate decreases occurred in Los Angeles-Long Beach-Anaheim, Calif., and Memphis, Tenn.-Miss.-Ark. (-2.1 percentage points each). The largest over-the-year rate increase occurred in Houston-The Woodlands-Sugar Land, Texas (+0.4 percentage point).
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May jobless rates down over the year in 333 of 387 metro areas; payroll jobs up in 311 (Original Post) mahatmakanejeeves Jun 2016 OP
This message was self-deleted by its author rjsquirrel Jun 2016 #1

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