Metro Area Unemployment Data: June 2011


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Metro Area Unemployment Data: June 2011

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  • Metro Area Unemployment Data: June 2011

    1. 1. Metro Area Unemployment July 2011 National Association of REALTORS® Research Division Compilation of Data from the Bureau of Labor Statistics
    2. 2. Data Highlights <ul><li>Among the 27 metro areas reviewed, the Washington DC area had the lowest June 2011 unemployment rate of 6.2 percent while Las Vegas had the highest, at 13.8 percent. </li></ul><ul><li>Looking at changes in the last year, 23 large metro areas reviewed saw decreases, or improvement, in the unemployment rate. Four large metro areas reviewed saw an increase, or worsening, in the unemployment rate in that time period. By comparison, the unemployment rate in the US decreased by 0.3 percentage points in the year. </li></ul><ul><li>Las Vegas had the greatest improvement in unemployment rate over the year. The unemployment rate there fell by 1.5 percentage points, from 15.4 percent to 13.9 percent. This good news is somewhat tempered by the fact that in the same period, Las Vegas saw a decline in the size of the labor force of 2.9 percent. By comparison, the US labor force declined by 0.2 percent in the same period. </li></ul><ul><li>Detroit; Portland, OR; Cleveland and St. Louis followed Las Vegas in improvement in the unemployment rate. Each area had a drop of 1 percentage point or more in the year. </li></ul><ul><li>Atlanta, Dallas, Memphis, and Houston had increases in their unemployment rates over the year, but these were small (less than 0.3 percentage point) except in Memphis where the increase was 0.9 percent. </li></ul><ul><li>The recent national trend of an increasing unemployment rate for the past few months is seen in nearly every metro area covered in this review. </li></ul>
    3. 4. Large Metros Unemployment Rate in June 2011
    4. 5. PHXR <ul><li>Unemployment Rate, Phoenix-Mesa AZ </li></ul><ul><li>% </li></ul><ul><li>PHXR.EMF (EMPLR) PHXR 10512-11011 </li></ul>
    5. 6. LASR <ul><li>Unemployment Rate, Los Angeles-Long Beach-Santa Ana, CA </li></ul><ul><li>% </li></ul><ul><li>LASR.EMF (EMPLR) LASR 10512-11011 </li></ul>
    6. 7. SDIR <ul><li>Unemployment Rate, San Diego CA </li></ul><ul><li>% </li></ul><ul><li>SDIR.EMF (EMPLR) SDIR 10512-11011 </li></ul>
    7. 8. SFCR <ul><li>Unemployment Rate, San Francisco-Oakland-Fremont, CA </li></ul><ul><li>% </li></ul><ul><li>SFCR.EMF (EMPLR) SFCR 10512-11011 </li></ul>
    8. 9. DNVR <ul><li>Unemployment Rate, Denver-Aurora, CO </li></ul><ul><li>% </li></ul><ul><li>DNVR.EMF (EMPLR) DNVR 10512-11011 </li></ul>
    9. 10. WAAR <ul><li>Unemployment Rate, Washington-Arlington-Alexandria, DC-VA-MD-WV MetDiv </li></ul><ul><li>% </li></ul><ul><li>WAAR.EMF (EMPLR) WAAR 10512-11011 </li></ul>
    10. 11. ATLR <ul><li>Unemployment Rate, Atlanta GA </li></ul><ul><li>% </li></ul><ul><li>ATLR.EMF (EMPLR) ATLR 10512-11011 </li></ul>
    11. 12. CHIR <ul><li>Unemployment Rate, Chicago-Naperville-Joliet, IL-IN-WI </li></ul><ul><li>% </li></ul><ul><li>CHIR.EMF (EMPLR) CHIR 10512-11011 </li></ul>
    12. 13. NORR <ul><li>Unemployment Rate, New Orleans-Metairie-Kenner, LA </li></ul><ul><li>% </li></ul><ul><li>NORR.EMF (EMPLR) NORR 10512-11011 </li></ul>
    13. 14. BCQR <ul><li>Unemployment Rate, Boston-Cambridge-Quincy, MA NECTA Division </li></ul><ul><li>% </li></ul><ul><li>BCQR.EMF (EMPLR) BCQR 10512-11011 </li></ul>
    14. 15. DWLR <ul><li>Unemployment Rate, Detroit-Warren-Livonia, MI </li></ul><ul><li>% </li></ul><ul><li>DWLR.EMF (EMPLR) DWLR 10512-11011 </li></ul>
    15. 16. MSPR <ul><li>Unemployment Rate, Minneapolis-St Paul MN-WI </li></ul><ul><li>% </li></ul><ul><li>MSPR.EMF (EMPLR) MSPR 10512-11011 </li></ul>
    16. 17. STLR <ul><li>Unemployment Rate, St Louis MO-IL </li></ul><ul><li>% </li></ul><ul><li>STLR.EMF (EMPLR) STLR 10512-11011 </li></ul>
    17. 18. LPPR <ul><li>Unemployment Rate, Las Vegas-Paradise-Pahrump, NV CSA </li></ul><ul><li>% </li></ul><ul><li>LPPR.EMF (EMPLR) LPPR 10512-11011 </li></ul>
    18. 19. NYLR <ul><li>Unemployment Rate, New York-Northern New Jersey-Long Island NY-NJ </li></ul><ul><li>% </li></ul><ul><li>NYLR.EMF (EMPLR) NYLR 10512-11011 </li></ul>
    19. 20. CGRR <ul><li>Unemployment Rate, Charlotte-Gastonia-Rock Hill NC-SC </li></ul><ul><li>% </li></ul><ul><li>CGRR.EMF (EMPLR) CGRR 10512-11011 </li></ul>
    20. 21. CMWR <ul><li>Unemployment Rate, Cincinnati-Middletown-Wilmington, OH-KY-IN CSA </li></ul><ul><li>% </li></ul><ul><li>CMWR.EMF (EMPLR) CMWR 10512-11011 </li></ul>
    21. 22. CVLR <ul><li>Unemployment Rate, Cleveland-Elyria-Mentor, OH </li></ul><ul><li>% </li></ul><ul><li>CVLR.EMF (EMPLR) CVLR 10512-11011 </li></ul>
    22. 23. COLR <ul><li>Unemployment Rate, Columbus OH </li></ul><ul><li>% </li></ul><ul><li>COLR.EMF (EMPLR) COLR 10512-11011 </li></ul>
    23. 24. PORR <ul><li>Unemployment Rate, Portland-Vancouver-Beaverton OR-WA </li></ul><ul><li>% </li></ul><ul><li>PORR.EMF (EMPLR) PORR 10512-11011 </li></ul>
    24. 25. PCWR <ul><li>Unemployment Rate, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD </li></ul><ul><li>% </li></ul><ul><li>PCWR.EMF (EMPLR) PCWR 10512-11011 </li></ul>
    25. 26. PITR <ul><li>Unemployment Rate, Pittsburgh PA </li></ul><ul><li>% </li></ul><ul><li>PITR.EMF (EMPLR) PITR 10512-11011 </li></ul>
    26. 27. MPHR <ul><li>Unemployment Rate, Memphis TN-AR-MS </li></ul><ul><li>% </li></ul><ul><li>MPHR.EMF (EMPLR) MPHR 10512-11011 </li></ul>
    27. 28. HTNR <ul><li>Unemployment Rate, Houston-Baytown-Sugar Land, TX </li></ul><ul><li>% </li></ul><ul><li>HTNR.EMF (EMPLR) HTNR 10512-11011 </li></ul>
    28. 29. DFWR <ul><li>Unemployment Rate, Dallas-Fort Worth-Arlington, TX </li></ul><ul><li>% </li></ul><ul><li>DFWR.EMF (EMPLR) DFWR 10512-11011 </li></ul>
    29. 30. STWR <ul><li>Unemployment Rate, Seattle-Tacoma-Bellevue, WA </li></ul><ul><li>% </li></ul><ul><li>STWR.EMF (EMPLR) STWR 10512-11011 </li></ul>
    30. 31. MWKR <ul><li>Unemployment Rate, Milwaukee-Waukesha WI </li></ul><ul><li>% </li></ul><ul><li>MWKR.EMF (EMPLR) MWKR 10512-11011 </li></ul>