Unemployment Down In 90% Of Nation’s 372 Largest Metro Areas
Unemployment rates in April fell in 90% of the country’s 372 largest metropolitan areas, according to the Labor Department, which also reports that the jobless rate dropped in 346 area, rose in only 12 and remained flat in 14.
Much of the improvement was seen in Midwestern regions with significant manufacturing operations. Manufacturers, who added 44,000 jobs nationwide in April, are benefiting from increasing overseas sales and efforts by retailers and other U.S. companies to restock their warehouses.
Unemployment fell below 15 percent in five metro areas in Michigan, the government’s report said. U.S. automakers, after decimating their work forces in 2009, are adding workers as sales grow.
The unemployment rate rose to from 9.7 to 9.9 in April, but that is attributed to more people getting out and looking for work.Click here for reuse options!
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