U.S unemployment fell in 388 metropolitan areas
Fallback Logo

June 6, 2022

The Metropolitan areas unemployment rates in April are less than a year earlier in 388 of the 389 metropolitan areas and higher in 1 area, according to the the U.S. Bureau of Labor Statistics reported. It was noted, “a total of 169 areas had jobless rates of less than 3% and 2 areas had rates of at least 10%.”  The national unemployment rate in April was 3.3%, not seasonally adjusted, down from 5.7% a year earlier. Furthermore, nonfarm payroll employment rose in 129 metropolitan areas and was essentially unchanged in 260 areas, relative to April 2021.

Metropolitan Area Unemployment (Not Seasonally Adjusted)

In April, Mankato-North Mankato, MN, and Rochester, MN, had the lowest unemployment rates, 1.3% each, closely followed by Elkhart-Goshen, IN, 1.4%. Yuma, AZ, had the highest rate, 13.1%. A total of 215 areas had April jobless rates below the U.S. rate of 3.3%, 158 areas had rates above it, and 16 areas had rates equal to that of the nation.

The largest decline in over-the-year unemployment rate in April occurred in El Centro, CA (-5.9 percentage points). The next largest rate decreases were in Atlantic City-Hammonton, NJ (-5.4 percentage points), and Los Angeles-Long Beach-Anaheim, CA (-5.1 points). Rates decline over the year by at least 4 percentage points in an additional 16 areas. Yuma, AZ, was the only area with an unemployment rate increase (+1.5 percentage points).

Metropolitan Area Nonfarm Employment (Not Seasonally Adjusted)

In April, in 129 metropolitan areas nonfarm payroll employment rose over the year and was essentially unchanged in 260 areas. The largest over-the-year employment increases occurred in New York-Newark-Jersey City, NY-NJ-PA (+483,900), Los Angeles-Long Beach-Anaheim, CA (+333,700), and Dallas-Fort Worth-Arlington, TX (+277,900). The largest over-the-year percentage gains in employment occurred in Atlantic City-Hammonton, NJ(+12.5%), Las Vegas-Henderson-Paradise, NV (+10.3%), and Orlando-Kissimmee-Sanford, FL (+8.3%).

 

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_342262439
February 17, 2026   Kingston Properties Limited (KPREIT) has advised that the Board of Directors will meet on February 24, 2026, to consider …
shutterstock_342262439
February 17, 2026   Carreras Limited (CAR) has advised that at a meeting of its Board of Directors to be held on February 26, 2026, an inte…
shutterstock_342262439
February 17, 2026   Pan Jamaica Group Limited (PJAM) has advised that at a meeting of its Board of Directors to be held on February 25, 202…
shutterstock_148562033
February 17, 2026   Supreme Ventures Limited (SVL) has advised that on February 13, 2026, a connected party sold 50,000 SVL shares. &nbs…
shutterstock_148562033
February 17, 2026   Kingston Wharves Limited (KW) has advised that a Director sold a total of 38,984 KW shares during the period February 1…
shutterstock_316932977-700x441
February 16, 2026 The Statistical Institute of Jamaica (STATIN) reported that as of January 2026, the point‑to‑point inflation rate was +3.9%, repr…
shutterstock_382756177
February 17, 2026 RADIO JAMAICA LIMITED (RJR) Unaudited financials for the nine months ended December 31, 2025: RADIO JAMAICA LIMITED (RJR), …
shutterstock_382756177
February 17, 2026 Ironrock Insurance Company Limited(ROC) Unaudited financials for the twelve months ended December 31, 2025: Ironrock Insura…