Metropolitan Area Employment and Unemployment (Monthly) News Release - 2023 M05 Results — 2023-06-28
Unemployment rates were lower in May than a year earlier in 177 of the 389 metropolitan areas, higher in 158 areas, and…
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Unemployment rates were lower in May than a year earlier in 177 of the 389 metropolitan areas, higher in 158 areas, and unchanged in 54 areas, the U.S. Bureau of Labor Statistics reported today. A total of 12 areas had jobless rates of less than 2.0 percent and 6 areas had rates of at least 8.0 percent. Nonfarm payroll employment increased over the year in 84 metropolitan areas, decreased in 1 area, and was essentially unchanged in 304 areas. The national unemployment rate in May was 3.4 percent, not seasonally adjusted, the same as 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.
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