November jobless rates up over the year in 308 of 389 metro areas; payroll jobs up in 32
Source: U.S. Bureau of Labor Statistics
https://www.bls.gov/home.htm
November jobless rates up over the year in 308 of 389 metro areas; payroll jobs up in 32
Jobless rates were higher in November than a year earlier in 308 of the 389 metropolitan areas, lower in 60, and unchanged in 21. Nonfarm payroll employment increased over the year in 32 metropolitan areas and was essentially unchanged in 357.
Economic News Release USDL-25-0001
Metropolitan Area Employment and Unemployment Summary
For release 10:00 a.m. (ET) Friday, January 3, 2025
Technical information:
Employment: (202) 691-6559 * sminfo@bls.gov * www.bls.gov/sae
Unemployment: (202) 691-6392 * lausinfo@bls.gov * www.bls.gov/lau
Media contact: (202) 691-5902 * PressOffice@bls.gov
METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT -- NOVEMBER 2024
Unemployment rates were higher in November than a year earlier in 308 of the 389 metropolitan areas, lower in 60 areas, and unchanged in 21 areas, the U.S. Bureau of Labor Statistics reported today. A total of 65 areas had jobless rates of less than 3.0 percent and 6 areas had rates of at least 8.0 percent. Nonfarm payroll employment increased over the year in 32 metropolitan areas and was essentially unchanged in 357 areas. The national unemployment rate in November was 4.0 percent, not seasonally adjusted, up from 3.5 percent a year earlier.
This news release presents statistics from two monthly programs. The civilian labor force and unemployment data are based on the same concepts and definitions as those used for the national household survey estimates. These data pertain to individuals by where they reside. The employment data are from an establishment survey that measures nonfarm employment, hours, and earnings by industry. These data pertain to jobs on payrolls defined by where the establishments are located. For more information about the concepts and statistical methodologies used by these two programs, see the Technical Note.
Metropolitan Area Unemployment (Not Seasonally Adjusted)
In November, Sioux Falls, SD, had the lowest unemployment rate, 1.5 percent. The next lowest rate was in Rapid City, SD, 1.7 percent. El Centro, CA, had the highest rate, 19.0 percent. A total of 224 areas had November jobless rates below the U.S. rate of 4.0 percent, 152 areas had rates above it, and 13 areas had rates equal to that of the nation. (See table 1.)
The largest over-the-year unemployment rate increases in November occurred in Asheville, NC (+3.4 percentage points), and Kokomo, IN (+3.2 points). Sixty-two other areas had rate increases of at least 1.0 percentage point. Kahului-Wailuku-Lahaina, HI, had the largest over-the-year rate decrease in November (-3.0 percentage points). Five other areas had rate declines of at least 1.0 percentage point.
Of the 51 metropolitan areas with a 2010 Census population of 1 million or more, Hartford-West Hartford-East Hartford, CT, had the lowest jobless rate in November, 2.7 percent. Las Vegas-Henderson-Paradise, NV, had the highest rate, 5.9 percent. Forty-four large areas had over-the-year unemployment rate increases, six had decreases, and one had no change. The largest rate increase occurred in Detroit-Warren-Dearborn, MI (+1.7 percentage points). The largest jobless rate decline occurred in Hartford-West Hartford-East Hartford, CT (-1.1 percentage points).
Metropolitan Division Unemployment (Not Seasonally Adjusted)
Eleven of the most populous metropolitan areas are made up of 38 metropolitan divisions, which are essentially separately identifiable employment centers. In November, Miami-Miami Beach-Kendall, FL, had the lowest division unemployment rate, 2.4 percent. Detroit-Dearborn-Livonia, MI, had the highest rate among the divisions, 6.3 percent. (See table 2.)
In November, 31 metropolitan divisions had over-the-year unemployment rate increases, 6 had decreases, and 1 had no change. The largest increase occurred in Detroit-Dearborn-Livonia, MI (+2.1 percentage points). The largest unemployment rate decline from November 2023 occurred in Nassau County-Suffolk County, NY (-0.4 percentage point).
Metropolitan Area Nonfarm Employment (Not Seasonally Adjusted)
In November 2024, nonfarm payroll employment increased over the year in 32 metropolitan areas and was essentially unchanged in 357 areas. The largest over-the-year employment increases occurred in New York-Newark-Jersey City, NY-NJ-PA (+139,200), Dallas-Fort Worth-Arlington, TX (+64,500), and Houston-The Woodlands-Sugar Land, TX (+62,500). The largest over-the-year percentage gain in employment occurred in Rochester, MN (+5.9 percent), followed by Boise City, ID, and Stockton-Lodi, CA (+4.3 percent each). (See table 3.)
Over the year, nonfarm employment increased in 16 metropolitan areas with a 2010 Census population of 1 million or more and was essentially unchanged in 35 areas. The largest over-the-year percentage increases in employment in these large metropolitan areas occurred in Richmond, VA (+3.4 percent), Indianapolis-Carmel-Anderson, IN (+2.5 percent), and Charlotte-Concord-Gastonia, NC-SC (+2.3 percent).
Metropolitan Division Nonfarm Employment (Not Seasonally Adjusted)
In November, nonfarm payroll employment increased over the year in 5 metropolitan divisions and was essentially unchanged in 33 divisions. The largest over-the-year increases in employment among the metropolitan divisions occurred in New York-Jersey City-White Plains, NY-NJ (+107,300), Los Angeles-Long Beach-Glendale, CA (+46,200), and Dallas-Plano-Irving, TX (+43,200). (See table 4.)
The largest over-the-year percentage increases in employment occurred in Miami-Miami Beach-Kendall, FL (+1.9 percent), and Fort Worth-Arlington, TX (+1.7 percent), followed by Dallas-Plano-Irving, TX, and New York-Jersey City-White Plains, NY-NJ (+1.4 percent each).
_____________
The State Employment and Unemployment news release for December 2024 is scheduled to be released on Tuesday, January 28, 2025, at 10:00 a.m. (ET). The Metropolitan Area Employment and Unemployment news release for December 2024 is scheduled to be released on Wednesday, February 5, 2025, at 10:00 a.m. (ET).
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Read more: https://www.bls.gov/news.release/metro.nr0.htm
BumRushDaShow
(144,734 posts)CNBC was blaring other things this morning but I did see the UE is scheduled for January 10, 2025.
LymphocyteLover
(7,016 posts)BumRushDaShow
(144,734 posts)the Unemployment (rate) that the Bureau of Labor Statistics releases monthly (usually the first Friday of a month but the actual date for it can obviously change depending on holidays, etc, and this was a holiday week).
nmmi
(248 posts)Assuming that Felonious Maximus doesn't interfere and demand that his sycophants review these reports first
well he still won't be in until after that release so...
mahatmakanejeeves
(61,829 posts)We get ADP on Wednesday too.
https://www.democraticunderground.com/111699259
BumRushDaShow
(144,734 posts)I know you keep that in the Group but I have to remember go check in there more regularly.
mahatmakanejeeves
(61,829 posts)All the stock markets are closed. No bond auctions. All fed agencies stay home.
BumRushDaShow
(144,734 posts)although there is a "shared holiday" with the MLK holiday falling on Inauguration Day so someone is "saving" something somewhere.
mahatmakanejeeves
(61,829 posts)The federal government in downtown DC is essentially telling people to work from home or take leave for a lot of next week. There's a whole bunch of street closures for Jimmy Carter for several days in a row.
Today's BLS report is no big deal, but I thought we needed something for the week.
We get ADP next Wednesday too.
https://www.democraticunderground.com/111699259
I'm watching for the flurries. I'd like to get to the store to see if there's any eggnog left.
BumRushDaShow
(144,734 posts)post-Presidential election and this year you have Carter events as well - although that means that whatever security fencing, etc., that is set up, can just stay up almost the whole month!
In other news, you all are about to get hit was some flakes (we are getting some up here in Philly right now although the heaviest might end up to our south for the Sunday/Monday storm).
mahatmakanejeeves
(61,829 posts)I'm in downtown DC, just about to leave. The streets are damp, but I don't see any snowflakes or flurries. We're probably pretty close to freezing.
WTOP is the KYW of DC.
https://wtop.com/weather/
BumRushDaShow
(144,734 posts)And I am a long-time WTOP listener. KYW ended up part of Audacy is and now owned by... wait for it. George Soros!
Unladen Swallow
(319 posts)but not unexpected