Metro Area Unemployment Data from December 2011

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  • Metro Area Unemployment Data from December 2011

    1. 1. Metro Area Unemployment February 2012 National Association of REALTORS® Research Division Compilation of Data from the Bureau of Labor Statistics
    2. 2. Data Highlights • While the unemployment rate is not yet back to normal in most areas, improvement is unmistakable and fairly well-spread geographically. • From one year ago, 24 metro areas have job gains. Of the 27 areas, Houston had the biggest percent growth in payrolls in the last year • Among the 27 metro areas reviewed, the Minneapolis area had the lowest unemployment rate, 5.5 percent in December, while Las Vegas continues to have the highest, at 12.7 percent in December. Both the Washington, DC and Boston areas had unemployment rates under 6 percent in December 2011. • Looking at changes in the last year, 25 large metro areas reviewed saw improvement in the unemployment rate. Among those reviewed, only the Chicago and New York metro areas saw an increase, or worsening, in the unemployment rate in that time period. By comparison, the unemployment rate in the US decreased by 0.8 percentage points in the year. • Las Vegas, NV had the greatest improvement in unemployment rate over the year. The unemployment rate there fell by 2.5 percentage points, from 15.2 percent to 12.7 percent. While Las Vegas saw an increase in the number of employed persons and a decline in the number of those unemployed, the balance was such that the labor force shrank slightly. By comparison, the US labor force was grew slightly in the same period. • Local unemployment rates are pictured in the graphs that follow.
    3. 3. Large Metros Unemployment Rate in December 2011 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 Percent
    4. 4. Unemployment Rate, Phoenix-Mesa AZ % 1110090807 Source: Bureau of Labor Statistics 02/01/12 10 8 6 4 2
    5. 5. Unemployment Rate, Los Angeles-Long Beach-Santa Ana, CA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 14 12 10 8 6 4
    6. 6. Unemployment Rate, San Diego CA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4 2
    7. 7. Unemployment Rate, San Francisco-Oakland-Fremont, CA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4 2
    8. 8. Unemployment Rate, Denver-Aurora, CO % 1110090807 Source: Bureau of Labor Statistics 02/01/12 10 8 6 4 2
    9. 9. Unemployment Rate, Washington-Arlington-Alexandria, DC-VA-MD-WV MetDiv % 1110090807 Source: Bureau of Labor Statistics 02/01/12 7 6 5 4 3 2
    10. 10. Unemployment Rate, Atlanta GA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4
    11. 11. Unemployment Rate, Chicago-Naperville-Joliet, IL-IN-WI % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4
    12. 12. Unemployment Rate, New Orleans-Metairie-Kenner, LA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 10 8 6 4 2
    13. 13. Unemployment Rate, Boston-Cambridge-Quincy, MA NECTA Division % 1110090807 Source: Bureau of Labor Statistics 02/01/12 9 8 7 6 5 4 3
    14. 14. Unemployment Rate, Detroit-Warren-Livonia, MI % 1110090807 Source: Bureau of Labor Statistics 02/01/12 18 16 14 12 10 8 6
    15. 15. Unemployment Rate, Minneapolis-St Paul MN-WI % 1110090807 Source: Bureau of Labor Statistics 02/01/12 9 8 7 6 5 4 3
    16. 16. Unemployment Rate, St Louis MO-IL % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4
    17. 17. Unemployment Rate, Las Vegas-Paradise-Pahrump, NV CSA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 16 14 12 10 8 6 4
    18. 18. Unemployment Rate, New York-Northern New Jersey-Long Island NY-NJ % 1110090807 Source: Bureau of Labor Statistics 02/01/12 10 8 6 4 2
    19. 19. Unemployment Rate, Charlotte-Gastonia-Rock Hill NC-SC % 1110090807 Source: Bureau of Labor Statistics 02/01/12 14 12 10 8 6 4
    20. 20. Unemployment Rate, Cincinnati-Middletown-Wilmington, OH-KY-IN CSA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4
    21. 21. Unemployment Rate, Cleveland-Elyria-Mentor, OH % 1110090807 Source: Bureau of Labor Statistics 02/01/12 11 10 9 8 7 6 5
    22. 22. Unemployment Rate, Columbus OH % 1110090807 Source: Bureau of Labor Statistics 02/01/12 10 9 8 7 6 5 4
    23. 23. Unemployment Rate, Portland-Vancouver-Beaverton OR-WA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4
    24. 24. Unemployment Rate, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD % 1110090807 Source: Bureau of Labor Statistics 02/01/12 10 8 6 4 2
    25. 25. Unemployment Rate, Pittsburgh PA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 10 8 6 4 2
    26. 26. Unemployment Rate, Memphis TN-AR-MS % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4
    27. 27. Unemployment Rate, Houston-Baytown-Sugar Land, TX % 1110090807 Source: Bureau of Labor Statistics 02/01/12 9 8 7 6 5 4 3
    28. 28. Unemployment Rate, Dallas-Fort Worth-Arlington, TX % 1110090807 Source: Bureau of Labor Statistics 02/01/12 9 8 7 6 5 4
    29. 29. Unemployment Rate, Seattle-Tacoma-Bellevue, WA % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4 2
    30. 30. Unemployment Rate, Milwaukee-Waukesha WI % 1110090807 Source: Bureau of Labor Statistics 02/01/12 12 10 8 6 4

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