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.

November’s Jobless rates up in 386 metro areas and down in 3

December 05, 2021

Unemployment rates trended upward for the month of November in 386 of the 389 metropolitan areas and lower in 3 areas compared to twelve months earlier. According to Bureau Labor Statistics (BLS), “a total of 63 areas had jobless rates of less than 4.0% and 12 areas had rates of at least 10.0%.” Non-farm payroll employment fell in 242 metropolitan areas and was stable in the remaining 147 areas. The national unemployment rate as of November 2020 rose to 6.4%, not seasonally adjusted, up from 3.3% 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 separately identifiable employment centers. Detroit-Dearborn-Livonia, MI, in November, experienced the highest unemployment rates among the divisions, 11.3%. Whereas, Nashua, NH-MA, experienced the lowest unemployment rate among the divisions of 3.7%.

Moreover, BLS stated that, “in November, all 38 metropolitan divisions had over-the-year unemployment rate increases, the largest of which were in Detroit-Dearborn-Livonia, MI, and New York-Jersey City-White Plains, NY-NJ (+7.1 percentage points each). The smallest rate increase occurred in Nashua, NH-MA (+1.2 percentage points), followed by Dutchess County-Putnam County, NY, and Montgomery County-Bucks County Chester County, PA (+1.4 points each).”

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 (-756,100), followed by Los Angeles-Long Beach Glendale, CA (-386,100), and Chicago-Naperville-Arlington Heights, IL (-274,100).

Furthermore, the largest over-the-year percentage decreases in employment were observed in n Haverhill-Newburyport Amesbury Town, MA-NH (-10.6%), and Detroit-Dearborn-Livonia, MI, and New York-Jersey City-White Plains, NY-NJ (-10.3% each).

Disclaimer 

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
May 29, 2026   Supreme Ventures Limited (SVL) has advised that during the period May 27 to 28, 2026, a related entity purchased a total of …
shutterstock_453968572
May 29, 2026   Barita Investments Limited (BIL) has advised that Cornerstone Trust & Merchant Bank and JN Fund Managers Limited have re…
shutterstock_453968572
May 29, 2026   Spur Tree Spices Jamaica Limited (SPURTREE) has advised of the appointment of Mrs. Rani Badaloo to the Board of Directors in…
shutterstock_453968572
May 29, 2026   Jamaica Stock Exchange Limited (JSE) has advised that at a meeting of the Board of Directors held on May 28, 2026, Messrs. S…
shutterstock_342262439
May 29, 2026   Caribbean Cement Company Limited (CCC) has advised that at a meeting of its Board of Directors to be held on June 10, 2026, …
MIL
May 29, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 21, 2026, was J$8.16. MJE’s closing …
shutterstock_382756177
May 29, 2026 FosRich Company Limited (FOSRICH) Unaudited financials for the first quarter ended March 31, 2026: FosRich Company Limited (FOSRIC…
shutterstock_453968572
May 29, 2026   United States: US Merchandise-Trade Deficit Narrows on Rise in Exports   The US merchandise-trade deficit narrowed …