Metropolitan Area Employment and Unemployment (Monthly) News Release - 2022 M05 Results — 2022-06-29
Unemployment rates were lower in May than a year earlier in 385 of the 389 metropolitan areas, higher in 2 areas, and…
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Unemployment rates were lower in May than a year earlier in 385 of the 389 metropolitan areas, higher in 2 areas, and unchanged in 2 areas, the U.S. Bureau of Labor Statistics reported today. A total of 150 areas had jobless rates of less than 3.0 percent and 2 areas had rates of at least 10.0 percent. Nonfarm payroll employment increased over the year in 122 metropolitan areas and was essentially unchanged in 267 areas. The national unemployment rate in May was 3.4 percent, not seasonally adjusted, down from 5.5 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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