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lquadland10 (< 20)

Source: U.S. Bureau of Labor Statistics

Recs

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April 02, 2009 – Comments (2) | RELATED TICKERS: POT , AUY , GLD

Data released April 1 show unemployment rates in February were up year over year in every one of the country's 372 metropolitan areas, with joblessness in El Centro, Calif., worst in the U.S. at 24.5%.

More than 100 areas recorded unemployment rates of 10% or worse, while 20 areas showed rates under 5%. The Houma, La., area had the nation's lowest unemployment rate in February at 3.5%. Overall, 158 areas posted unemployment rates above the nationwide figure of 8.9%, 206 areas reported rates below it, and eight areas had the same rate.

New jobless claims jump

The charts here compare unemployment rates for all 372 metro areas for February 2008 and February 2009 and notes the change year over year. Unemployment rose 12.5 percentage points year over year in Elkhart-Goshen, Ind., from 5.5% to 18%, the biggest increase in the country.

The ranking column is based on February 2009 data. Unemployment data for cities typically lag several weeks behind monthly data for states.

Financial-crisis survival guide: How to cope with losing your job

To see data for metro areas M-Z, click here.

Source: U.S. Bureau of Labor Statistics

 

2 Comments – Post Your Own

#1) On April 02, 2009 at 5:40 PM, motleyanimal (88.74) wrote:

Sadly, unemployment can only get worse in California. We have yet another drought year and water will be scarce, limiting agriculture and related industries.

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#2) On April 02, 2009 at 5:58 PM, lquadland10 (< 20) wrote:

Yes. Now is the time to go long commodies in food due to the drought.

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