Metropolitan Area Employment and Unemployment (Monthly) News Release - 2024 M08 Results — 2024-10-02
Unemployment rates were higher in August than a year earlier in 315 of the 389 metropolitan areas, lower in 54 areas, and…
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Unemployment rates were higher in August than a year earlier in 315 of the 389 metropolitan areas, lower in 54 areas, and unchanged in 20 areas, the U.S. Bureau of Labor Statistics reported today. A total of 34 areas had jobless rates of less than 3.0 percent and 7 areas had rates of at least 8.0 percent. Nonfarm payroll employment increased over the year in 54 metropolitan areas and was essentially unchanged in 335 areas. The national unemployment rate in August was 4.4 percent, not seasonally adjusted, up from 3.9 percent a year earlier. This news release presents statistics from two monthly programs. The civilian labor force and unemployment data are based on the same concepts and definitions as those used for the national household survey estimates. These data pertain to individuals by where they reside. The employment data are from an establishment survey that measures nonfarm employment, hours, and earnings by industry.
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