U.S unemployment fell in 388 metropolitan areas

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%).

 

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2022-06-06T13:47:28-05:00