More Jobs Equals More Joblessness In Eight Metros

Printer-friendly version
August 04, 2016

All 51 of the U.S. metropolitan areas with more than one million people added nonfarm jobs over the last year. Eight of those metros, though, have higher unemployment rates, according to The Wall Street Journal.

The cities were Houston, Hartford, Oklahoma City, Pittsburgh, Salt Lake City, Birmingham, Ala., Cleveland, and Minneapolis.

Houston and Oklahoma City have many energy-based jobs, while Pittsburgh and Cleveland are Rust Belt metros. Minneapolis and Salt Lake City both have total unemployment rates below 4 percent, so their increases may be due to recent college graduates hunting for jobs.

Read more

Comments on: "More Jobs Equals More Joblessness In Eight Metros "

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init