Tuesday, September 30, 2008

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[IWS] BLS: METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT: AUGUST 2008 [30 September 2008]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________


METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT:  AUGUST 2008 [30 September 2008]
http://www.bls.gov/news.release/metro.nr0.htm
or
http://www.bls.gov/news.release/pdf/metro.pdf
[full-text, 21 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/metro.supp.toc.htm

Unemployment rates were higher in August than a year earlier in 354
of the 369 metropolitan areas, lower in 13 areas, and unchanged in 2
areas, the Bureau of Labor Statistics of the U.S. Department of Labor
reported today.  Eleven areas recorded jobless rates of at least 10.0
percent, while five areas registered rates below 3.0 percent.  The
national unemployment rate in August was 6.1 percent, not seasonally
adjusted, up from 4.6 percent a year earlier.

Metropolitan Area Unemployment (Not Seasonally Adjusted)

   In August, 89 metropolitan areas reported jobless rates of at least
7.0 percent, up from 19 areas a year earlier, while 34 areas posted rates
below 4.0 percent, down from 119 areas in August 2007.  El Centro, Calif.,
and neighboring Yuma, Ariz., continued to record the highest unemployment
rates, 24.7 and 22.7 percent, respectively. Joblessness in these two areas
is typically higher during summer months due to the effect of extreme heat
on agricultural activity.  Sioux Falls, S.D., again registered the lowest
jobless rate, 2.6 percent.  Bismarck, N.D., Morgantown, W.Va., and Rapid
City, S.D., reported the next lowest rates, 2.8 percent each.  Overall,
152 areas posted unemployment rates above the U.S. figure of 6.1 percent,
209 areas reported rates below it, and 8 areas had the same rate.  (See
table 1.)

   Elkhart-Goshen, Ind., recorded the largest jobless rate increase from
August 2007 (+4.5 percentage points), followed by Cape Coral-Fort Myers,
Fla. (+3.7 points).  Seventy-six additional areas registered over-the-
year unemployment rate increases of 2.0 percentage points or more, and
another 195 areas had rate increases of 1.0 to 1.9 points.  Two Arkansas
areas experienced the largest jobless rate decreases from a year earlier:
Jonesboro and Hot Springs (-1.4 and -1.1 percentage points, respectively).

   Of the 49 metropolitan areas with a Census 2000 population of 1 mil-
lion or more, Riverside-San Bernardino-Ontario, Calif., reported the high-
est unemployment rate in August 2008, 9.2 percent, followed by Detroit-
Warren-Livonia, Mich., at 8.8 percent.  Nine additional large areas posted
rates of 7.0 percent or more.  The large area with the lowest jobless rate
in August was Oklahoma City, Okla., at 3.8 percent.  Washington-Arlington-
Alexandria, D.C.-Va.-Md.-W.Va., had the next lowest rate, 4.1 percent.
Forty-eight large areas registered higher unemployment rates than in August
2007, and one had a lower rate. The areas with the largest jobless rate in-
creases from August 2007 were Providence-Fall River-Warwick, R.I.-Mass.
(+3.2 percentage points), Riverside-San Bernardino-Ontario, Calif. (+2.8
points), and Los Angeles-Long Beach-Santa Ana, Calif. (+2.6 points).  Nine
additional large areas recorded over-the-year unemployment rate increases of
2.0 percentage points or more, and 30 other areas had rate increases of at
least 1.0 point.  The only large area to record a jobless rate decrease in
August 2008 from a year earlier was Oklahoma City, Okla. (-0.4 percentage
point).

AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************






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