The unemployment rate fell or stayed the same in December in two-thirds of the nation's largest metro areas, fresh evidence that employers are slowly adding jobs.
The Labor Department says the unemployment rate dropped in 207 of the 372 largest metro areas, the most to report a decline since
September. The unemployment rate rose in 122 areas and was the same in 43.
Nationwide, the unemployment rate dropped sharply in December to 9.4 percent from 9.8 percent. About half that decline was because
more unemployed workers gave up on their job searches. The
government doesn't count people as unemployed when they stop
looking for work.
Even with high unemployment nationwide, five metropolitan areas
reported large job gains last year, including: Washington, D.C.;
Dallas-Fort Worth; Boston; Phoenix, Ariz.; and Minneapolis-St.
To comment, the following rules must be followed:
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.