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Metro Area Unemployment: May 2011
 

Metro Area Unemployment: May 2011

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Metro Area Unemployment: May 2011 Metro Area Unemployment: May 2011 Presentation Transcript

  • Metro Area Unemployment May 2011 data; released June 2011 National Association of REALTORS® Research Division Compilation of Data from the Bureau of Labor Statistics
  • Data Highlights
    • Among the 27 metro areas reviewed, the Washington DC area had the lowest May 2011 unemployment rate of 5.8 percent while Las Vegas had the highest, at 12.4 percent.
    • Looking at changes in the last year, 24 large metro areas reviewed saw decreases, or improvement, in the unemployment rate. Only two large metro areas reviewed saw an increase, or worsening, in the unemployment rate in that time period while one metro area had no change in the unemployment rate. By comparison, the unemployment rate in the US decreased by 0.6 percentage points in the year.
    • Las Vegas had the greatest improvement in unemployment rate over the year. The unemployment rate there fell by 2.5 percentage points, from 14.9 percent to 12.4 percent. Las Vegas actually saw a slight decline in the number of employed coupled with a large decline in the number of unemployed and the number in the labor force. Its labor force decline of 3.4 percent and decline in the number of unemployed of 19.6 percent were the largest among these areas.
    • Detroit; Portland, OR; Cleveland; Charlotte; and Pittsburgh followed in improvement in the unemployment rate. Each area had a drop of more than 1 percentage point in the year.
    • New Orleans and Memphis had the only increases in unemployment rate over the year. The unemployment rate in New Orleans is now 8.0 percent, and in Memphis it is 10.1 percent.
  •  
  • Large Metros Unemployment Rate in May 2011
  • PHXR
    • Unemployment Rate, Phoenix-Mesa AZ
    • %
    • PHXR.EMF (EMPLR) PHXR 10512-11011
  • LASR
    • Unemployment Rate, Los Angeles-Long Beach-Santa Ana, CA
    • %
    • LASR.EMF (EMPLR) LASR 10512-11011
  • SDIR
    • Unemployment Rate, San Diego CA
    • %
    • SDIR.EMF (EMPLR) SDIR 10512-11011
  • SFCR
    • Unemployment Rate, San Francisco-Oakland-Fremont, CA
    • %
    • SFCR.EMF (EMPLR) SFCR 10512-11011
  • DNVR
    • Unemployment Rate, Denver-Aurora, CO
    • %
    • DNVR.EMF (EMPLR) DNVR 10512-11011
  • WAAR
    • Unemployment Rate, Washington-Arlington-Alexandria, DC-VA-MD-WV MetDiv
    • %
    • WAAR.EMF (EMPLR) WAAR 10512-11011
  • ATLR
    • Unemployment Rate, Atlanta GA
    • %
    • ATLR.EMF (EMPLR) ATLR 10512-11011
  • CHIR
    • Unemployment Rate, Chicago-Naperville-Joliet, IL-IN-WI
    • %
    • CHIR.EMF (EMPLR) CHIR 10512-11011
  • NORR
    • Unemployment Rate, New Orleans-Metairie-Kenner, LA
    • %
    • NORR.EMF (EMPLR) NORR 10512-11011
  • BCQR
    • Unemployment Rate, Boston-Cambridge-Quincy, MA NECTA Division
    • %
    • BCQR.EMF (EMPLR) BCQR 10512-11011
  • DWLR
    • Unemployment Rate, Detroit-Warren-Livonia, MI
    • %
    • DWLR.EMF (EMPLR) DWLR 10512-11011
  • MSPR
    • Unemployment Rate, Minneapolis-St Paul MN-WI
    • %
    • MSPR.EMF (EMPLR) MSPR 10512-11011
  • STLR
    • Unemployment Rate, St Louis MO-IL
    • %
    • STLR.EMF (EMPLR) STLR 10512-11011
  • LPPR
    • Unemployment Rate, Las Vegas-Paradise-Pahrump, NV CSA
    • %
    • LPPR.EMF (EMPLR) LPPR 10512-11011
  • NYLR
    • Unemployment Rate, New York-Northern New Jersey-Long Island NY-NJ
    • %
    • NYLR.EMF (EMPLR) NYLR 10512-11011
  • CGRR
    • Unemployment Rate, Charlotte-Gastonia-Rock Hill NC-SC
    • %
    • CGRR.EMF (EMPLR) CGRR 10512-11011
  • CMWR
    • Unemployment Rate, Cincinnati-Middletown-Wilmington, OH-KY-IN CSA
    • %
    • CMWR.EMF (EMPLR) CMWR 10512-11011
  • CVLR
    • Unemployment Rate, Cleveland-Elyria-Mentor, OH
    • %
    • CVLR.EMF (EMPLR) CVLR 10512-11011
  • COLR
    • Unemployment Rate, Columbus OH
    • %
    • COLR.EMF (EMPLR) COLR 10512-11011
  • PORR
    • Unemployment Rate, Portland-Vancouver-Beaverton OR-WA
    • %
    • PORR.EMF (EMPLR) PORR 10512-11011
  • PCWR
    • Unemployment Rate, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
    • %
    • PCWR.EMF (EMPLR) PCWR 10512-11011
  • PITR
    • Unemployment Rate, Pittsburgh PA
    • %
    • PITR.EMF (EMPLR) PITR 10512-11011
  • MPHR
    • Unemployment Rate, Memphis TN-AR-MS
    • %
    • MPHR.EMF (EMPLR) MPHR 10512-11011
  • HTNR
    • Unemployment Rate, Houston-Baytown-Sugar Land, TX
    • %
    • HTNR.EMF (EMPLR) HTNR 10512-11011
  • DFWR
    • Unemployment Rate, Dallas-Fort Worth-Arlington, TX
    • %
    • DFWR.EMF (EMPLR) DFWR 10512-11011
  • STWR
    • Unemployment Rate, Seattle-Tacoma-Bellevue, WA
    • %
    • STWR.EMF (EMPLR) STWR 10512-11011
  • MWKR
    • Unemployment Rate, Milwaukee-Waukesha WI
    • %
    • MWKR.EMF (EMPLR) MWKR 10512-11011