Metropolitan Area Employment and Unemployment (Monthly) News Release - 2023 M10 Results — 2023-11-30
Unemployment rates were higher in October than a year earlier in 223 of the 389 metropolitan areas, lower in 137 areas, and…
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Unemployment rates were higher in October than a year earlier in 223 of the 389 metropolitan areas, lower in 137 areas, and unchanged in 29 areas, the U.S. Bureau of Labor Statistics reported today. A total of 6 areas had jobless rates of less than 2.0 percent and 3 areas had rates of at least 8.0 percent. Nonfarm payroll employment increased over the year in 52 metropolitan areas and was essentially unchanged in 337 areas. The national unemployment rate in October was 3.6 percent, not seasonally adjusted, up from 3.4 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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