Metro Area Unemployment Data: January 2012


Published on

Published in: Real Estate, Technology, Career
  • Be the first to comment

  • Be the first to like this

Metro Area Unemployment Data: January 2012

  1. 1. Metro Area Unemployment January 2012 National Association of REALTORS® Research Division Compilation of Data from the Bureau of Labor Statistics
  2. 2. Data Highlights <ul><li>While the unemployment rate is not yet back to normal in most areas, improvement is unmistakable and fairly well-spread geographically. </li></ul><ul><li>Among the 27 metro areas reviewed, the Minneapolis area had the lowest unemployment rate, 5.1 percent in November, while Las Vegas continues to have the highest, at 12.5 percent in November. Both the Washington, DC and Boston areas had unemployment rates under 6 percent in November 2011. </li></ul><ul><li>Looking at changes in the last year, 26 large metro areas reviewed saw decreases, or improvement, in the unemployment rate. Among those reviewed, only the Chicago metro area saw an increase, or worsening, in the unemployment rate in that time period. By comparison, the unemployment rate in the US decreased by 1.1 percentage points in the year. </li></ul><ul><li>Las Vegas, NV had the greatest improvement in unemployment rate over the year. The unemployment rate there fell by 2.4 percentage points, from 14.9 percent to 12.5 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 roughly unchanged in the same period. </li></ul><ul><li>Payroll job growth is pictured in the graphs that follow. Fifteen areas saw job gains in the month while 12 areas saw job losses. From one year ago, 23 metro areas have job gains. </li></ul>
  3. 4. Large Metros Unemployment Rate in November 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>