Employment Numbers Still Looking Good for Most Metros

The national unemployment rate in May was 3.4 percent, little changed from a year earlier.

Unemployment rates were lower in May than a year earlier in 254 of the 389 metropolitan areas, higher in 94 areas, and unchanged in 41 areas, the U.S. Bureau of Labor Statistics reported today. A total of 119 areas had jobless rates of less than 3.0 percent, though 2 areas had rates of at least 10.0 percent.

In May, Ames, IA, and Burlington-South Burlington, VT, had the lowest unemployment rates, 1.5 percent each, followed by Midland, TX, 1.7 percent; Iowa City, IA, 1.8 percent; and Dubuque, IA, 1.9 percent. Yuma, AZ, and El Centro, CA, had the highest unemployment rates, 17.1 percent and 16.4 percent, respectively. Ocean City, NJ, had the largest over-the-year unemployment rate decrease in May (-2.3 percentage points). The largest over-the-year rate increases occurred in Flint, MI (+1.3 percentage points), and Yakima, WA (+1.1 points).

Of the 51 metropolitan areas with a 2010 Census population of 1 million or more, Austin-Round Rock, TX; San Francisco- Oakland-Hayward, CA; and San Jose-Sunnyvale-Santa Clara, CA, had the lowest unemployment rates in May, 2.2 percent each. Detroit-Warren-Dearborn, MI, had the highest jobless rate among the large areas, 4.3 percent. The largest rate declines occurred in Cleveland-Elyria, OH, and Houston-The Woodlands-Sugar Land, TX (-0.9 percentage point each). The largest jobless rate increase was in Detroit-Warren-Dearborn, MI (+0.8 percentage point).

Current unemployment rates for all U.S. metros are available here.