Unemployment Rates Fall in Half of Large U.S. Cities

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A By CHRISTOPHER S. RUGABER, AP Economics Writer

WASHINGTON (AP) - Unemployment rates declined last month in more than half of the 372 largest U.S. cities, further evidence of steady improvement in the job market.

The Labor Department says rates fell in 201 metro areas. They rose in 116 and were unchanged in 55. The number of cities with unemployment below 7 percent rose to 180 last month, up from 107 a year ago.

Nationwide, the unemployment rate ticked up to 7.9 percent from 7.8 percent in September. That was mostly because more Americans began searching for work but not all found jobs. Employers added 171,000 jobs in October and the previous two months were revised higher.

Unlike the national data, the metro unemployment rates are not seasonally adjusted. So they tend to be more volatile from month to month.


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ingeniousinvesting@gmail.com

This figure is completely biased towards seasonal xmas hiring. Wait till February 2013 for a more accurate picture.

http://www.ingeniousinvesting.com

November 29 2012 at 4:09 PM Report abuse -4 rate up rate down Reply
NO.

TOTAL ******* BULLSHIT. IF YOU BELIEVE ANYTHING THIS ARTICLE IS SAYING YOU ARE A CLUELESS BAFOON.

November 29 2012 at 11:25 AM Report abuse -2 rate up rate down Reply
TooLate

...this article is just another example of: Figures don't lie, but liars figure!

November 29 2012 at 9:54 AM Report abuse -2 rate up rate down Reply
Robert & Lisa

That's strange. We laid off almost half of our workers after the election.

November 29 2012 at 6:45 AM Report abuse -2 rate up rate down Reply
rgmac12

Time heals ..... As long as he does nothng .. things will get better

November 28 2012 at 5:16 PM Report abuse -3 rate up rate down Reply
1 reply to rgmac12's comment
freethedems2012

The trouble is everything Obama has done so far has made things worse.

November 28 2012 at 9:13 PM Report abuse -2 rate up rate down Reply
jdykbpl45

So, they went up in the other one half?

November 28 2012 at 4:23 PM Report abuse +1 rate up rate down Reply
Jetncat

Toys r us lays off all of it's seasonal workers by the end of January after inventory, so does Macy's, Sears and all retailers. What was left? Healthcare. Do you have skills in healthcare? Better run.............

November 28 2012 at 2:29 PM Report abuse rate up rate down Reply
cpo1514

SO, now the folks are done with the 99 weeks ae on welfare. How much has welfare gone up in these cities????

November 28 2012 at 2:13 PM Report abuse rate up rate down Reply
freethedems2012

Malarkey. People have given up filing.

November 28 2012 at 2:01 PM Report abuse rate up rate down Reply