The BLS released the metropolitan unemployment rate and every city in the United States show their ranks of the jobless swell.
Unemployment rates were higher in August than a year earlier in all 372 metropolitan areas, the U.S. Bureau of Labor Statistics reported today. Sixteen areas recorded jobless rates of at least 15.0 percent, while 9 areas registered rates below 5.0 percent. The national unemployment rate in August was 9.6 percent, not seasonally adjusted, up from 6.1 percent a year earlier. Among the 369 metropolitan areas for which nonfarm payroll employment data were available, 356 areas reported over-the-year decreases in payroll employment, 11 reported increases, and 2 had no change.
This is the 8th month in a row for increases.
Which city is the worst? Why Detroit of course, with 17%.
Most interesting is Silicon valley has the 4th highest unemployment yearly increase. Portland Oregon was the 3rd highest, also an area with technology related jobs.