Asset Based Loan

Unemployment Rates down from previous January

According to the U.S. Bureau of Labor Statistics Friday March 23, 2012 release of Metropolitan Area Employment and Unemployment Summary, Unemployment rates were lower in January than a year earlier in 345 of the 372  metropolitan areas.

Comparisons to more recent years January unemployment rates may be updated here by staff in this section:

The bureau reported that “unemployment rates were higher in 16 metropolitan areas, and unchanged in 11 metropolitan areas.”

The bureau reported information on some specific cities with some surprising results.   Out of the 49 Metropolitan areas with a Census 2000 population of greater than 1 million or more, the highest unemployment rates in January were reported in Las Vegas-Paradise, NV at 13.1%, and Riverside-San Bernardino-Ontario at 12.4%.

The jobless rates of large Metropolitan areas was lowest in Washington-Arlington-Alexandria- at 5.7%.

Future rates and statistics will be monitored and reported.