Metropolitan Area Employment and Unemployment (Monthly) News Release - 2024 M07 Results — 2024-08-28
Unemployment rates were higher in July than a year earlier in 350 of the 389 metropolitan areas, lower in 22 areas, and…
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Unemployment rates were higher in July than a year earlier in 350 of the 389 metropolitan areas, lower in 22 areas, and unchanged in 17 areas, the U.S. Bureau of Labor Statistics reported today. A total of 30 areas had jobless rates of less than 3.0 percent and 8 areas had rates of at least 8.0 percent. Nonfarm payroll employment increased over the year in 61 metropolitan areas, decreased in 1 area, and was essentially unchanged in 327 areas. The national unemployment rate in July was 4.5 percent, not seasonally adjusted, up from 3.8 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.
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