Unemployment Falls in 305 of 372 Metropolitan Areas


Unemployment in America is slowly improving.  The Bureau of Labor Statistics monthly report on metropolitan area employment and unemployment shows that from July of 2011 to last month, unemployment rates decreased in 305 of 372 metropolitan areas.  The number of areas posting over 10.0 percent unemployment nearly halved from 112 to 67.  Overall, the unemployment rate was 8.3% in July, illustrating a comeback – albeit a sluggish comeback – from when unemployment topped off at nearly 10.0% nationally.  Still though, just 18 of the 372 metropolitan areas registered unemployment rates of less than 5.0%.  To put that figure in perspective, before the recession, the national unemployment rate dipped below 5.0% for over a year.

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