Wednesday, December 10, 2014

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[IWS] BLS: METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT -- OCTOBER 2014 [9 December 2014]

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

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT -- OCTOBER 2014 [9 December 2014]

http://www.bls.gov/news.release/metro.nr0.htm

or

http://www.bls.gov/news.release/pdf/metro.pdf

[full-text, 22 pages]

and

Supplemental Files Table of Contents

http://www.bls.gov/web/metro.supp.toc.htm

 

 

Unemployment rates were lower in October than a year earlier in 354 of the 372

metropolitan areas, higher in 14 areas, and unchanged in 4 areas, the U.S.

Bureau of Labor Statistics reported today. Eight areas had jobless rates of at

least 10.0 percent and 144 areas had rates of less than 5.0 percent. Nonfarm

payroll employment increased over the year in 318 metropolitan areas, decreased

in 46 areas, and was unchanged in 8 areas. The national unemployment rate in

October was 5.5 percent, not seasonally adjusted, down from 7.0 percent a year

earlier.

 

Metropolitan Area Unemployment (Not Seasonally Adjusted)

 

Yuma, Ariz., and El Centro, Calif., had the highest unemployment rates in

October, 24.7 percent and 23.7 percent, respectively. Bismarck, N.D., had the

lowest unemployment rate, 2.0 percent, followed by Fargo, N.D.-Minn., 2.2

percent. A total of 194 areas had October unemployment rates below the U.S.

figure of 5.5 percent, 168 areas had rates above it, and 10 areas had rates

equal to that of the nation. (See table 1.)

 

Yuma, Ariz., had the largest over-the-year unemployment rate decrease in October

(-5.5 percentage points), followed by Decatur, Ill. (-4.2 points). Eighty other

areas had rate decreases of at least 2.0 percentage points. Alexandria, La., had

the largest over-the-year jobless rate increase (+0.5 percentage point).

 

Of the 49 metropolitan areas with a Census 2000 population of 1 million or more,

Detroit-Warren-Livonia, Mich., and Riverside-San Bernardino-Ontario, Calif.,

had the highest unemployment rates in October, 8.1 percent each. Minneapolis-St.

Paul-Bloomington, Minn.-Wis., had the lowest jobless rate among the large areas,

3.2 percent. Forty-eight of the large areas had over-the-year unemployment rate

decreases, while New Orleans-Metairie-Kenner, La., had the only rate increase

(+0.2 percentage point). The largest rate declines occurred in Las Vegas-Paradise,

Nev. (-2.8 percentage points); Providence-Fall River-Warwick, R.I.-Mass. (-2.7

points); and Cincinnati-Middletown, Ohio-Ky.-Ind. (-2.6 points).

 

AND MUCH MORE...including TABLES....

 

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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.

 

 

 

 

 

 

 

 

 




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