IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Jobless rates up over the year in all 389 metro areas

July 2, 2020

Unemployment rates trended upward for the month of May in all 389 metropolitan states compared to twelve months earlier. According to Bureau Labor Statistics (BLS), “a total of 109 areas had jobless rates of less than 10.0 %, and 16 areas had rates of at least 20.0%.” Non-farm payroll employment fell in 357 metropolitan areas and was stable in the remaining 32 areas. The national unemployment rate as of May 2020 rose to 13.0%, not seasonally adjusted, up from 3.4% a year earlier.

Metropolitan Division Unemployment (Not Seasonally Adjusted)

Eleven of the most populous metropolitan areas are made up of 38 metropolitan divisions, which are essentially separately identifiable employment centers. Detroit-Dearborn-Livonia, MI , in May, experienced the highest unemployment rates among the divisions, 26.4%. Whereas, Silver Spring Frederick-Rockville, MD, and Washington-Arlington Alexandria, DC-VA-MD-WV, both experienced the lowest unemployment rate among the divisions of 9.0% each.

Moreover, BLS stated that, “in May, all 38 metropolitan divisions had over-the-year unemployment rate increases, the largest of which was in Detroit-Dearborn-Livonia, MI (+21.8 percentage points). The smallest rate increases occurred in Washington-Arlington-Alexandria, DC-VA-MD-WV (+6.0 percentage points), and Silver Spring-Frederick-Rockville, MD (+6.1 points).”

Metropolitan Division Nonfarm Employment (Not Seasonally Adjusted)

Nonfarm payroll employment fell in all 38 metropolitan divisions over the year. The largest over-the-year decline in employment among the metropolitan divisions took place in New York-Jersey City-White Plains, NY-NJ (-1,330,800), followed by Los Angeles-Long Beach-Glendale, CA (-602,600), and Chicago-Naperville-Arlington Heights, IL (-455,200).

Furthermore, the largest over-the-year percentage decreases in employment were observed in Detroit-Dearborn-Livonia, MI (-20.7%), Warren-Troy-Farmington Hills, MI (-19.4%), and Haverhill-Newburyport Amesbury Town, MA-NH (-18.8%).

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_148562033
June 2, 2026   Image Plus Consultants Limited (IPCL) has advised that a connected party purchased 1,500 IPCL shares on May 28, 2026. &…
shutterstock_148562033
June 2, 2026   Supreme Ventures Limited (SVL) has advised that on June 1, 2026, a related entity purchased 104,449 SVL shares.   …
shutterstock_148562033
June 2, 2026   JMMB Group Limited (JMMBGL) has advised of the purchase of 60,901 JMMBGL shares on June 1, 2026, under the Company’s share b…
shutterstock_193038047
June 02, 2026 Dominica’s economy continued to expand in 2025, supported by strong tourism activity and sustained investment in major infrastructure p…
shutterstock_382756177
June 2, 2026   Stanley Motta Limited (SML) Unaudited financials for the first quarter ended March 31, 2026: Stanley Motta Limited (…
shutterstock_537598660
June 02, 2026 Weekly Pick 02.06.2026 LASM   Disclaimer: Analyst Certification -The views expressed in this research report accura…
shutterstock_453968572
June 2, 2026   United States: US Targets Brazil With New 25% Tariff Over Trade Practices   The US is proposing a new 25% tari…
shutterstock_148562033
June 1, 2026   Image Plus Consultants Limited (IPCL) has advised that connected parties purchased a total of 15,017 IPCL shares during the …