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Old 12-26-2013, 08:55 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,598 posts, read 53,157,788 times
Reputation: 14516

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We wont have any new data till next year.

Released Dec 5, 2013

Metros with a rise in unemployment in red

Metro Area..........................................Unem ployment Rate..Annual Change
.................................................. .........Oct 2013..Oct 2012.......2012-2013
Minneapolis-St Paul-Bloomington....................4.1%....5.0%....... ....-0.9%
Houston-Sugar Land-Baytown........................5.9%....6.1%....... ....-0.2%
Dallas-Ft Worth-Arlington..............................5.9%....6.1 %............-0.2%
Washington-Arlington-Alexandria....................5.9%....5.3%........ ...+0.6%
Denver-Aurora-Broomfield.............................6.0%....7.3 %............-1.3%
Seattle-Tacoma-Bellevue...............................6.0%....6.8 %............-0.8%
San Francisco-Oakland-Fremont......................6.2%....7.6%......... ..-1.4%
Boston-Cambridge-Quincy..............................6.3%....5.9%.. .........+0.5%
Tampa-St Petersburg-Clearwater.....................6.4%....8.2%....... ....-1.8%
Portland-Vancouver-Hillsboro..........................6.5%....7.6%... .........-1.1%
St Louis............................................. ...........6.5%....7.1%...........-0.6%
Cleveland-Elyria-Mentor..................................6.7%....6. 4%...........+0.3%
Phoenix-Mesa-Glendale...................................6.8%... .7.0%............-0.2%
Miami-Ft Lauderdale-Pompano Beach................7.0%....8.2%............-1.2%
San Diego-Carlsbad-San Marcos.......................7.0%....8.6%......... ...-1.6%
Philadelphia-Camden-Wilmington......................7.6%....8.4%...... ......-0.8%
Atlanta-Sandy Springs-Marietta........................7.7%....8.5%...... ......-0.8%
New York-Northern NJ-Long Island....................7.8%....8.5%............-0.7%
Chicago-Joliet-Naperville.................................8.3%... .8.4%............-0.1%
Los Angeles-Long Beach-Santa Ana..................8.6%....9.6%............-1.0%
Detroit-Warren-Livonia....................................9.0%... 10.4%...........-1.4%
Riverside-San Bernardino-Ontario.....................9.8%...11.7%.......... ..-1.9%

More Metro Areas here: Over-the-Year Change in Unemployment Rates for Large Metropolitan Areas

Last edited by 18Montclair; 12-26-2013 at 09:54 AM..
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Old 12-26-2013, 09:36 AM
 
Location: Washington D.C. By way of Texas
18,237 posts, read 25,935,555 times
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Hate to see that for DC. But lots of big drops on the list. Glad to see that.
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Old 12-26-2013, 09:50 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,598 posts, read 53,157,788 times
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Yes, that sucks^ for DC and Boston and Cleveland. I wonder what the reason behind Boston is?

Anyway,

100 Most Populated Counties & the District of Columbia
Unemployment Rate, October 2013
Salt Lake, UT 3.9%
Hennepin, MN 4.2%
Fairfax, VA 4.3%
Honolulu, HI 4.3%
San Mateo, CA 5.1%
Travis, TX 5.1%
Broward, FL 5.3%
Collin, TX 5.3%
Denton, TX 5.3%
Montgomery, MD 5.3%
San Francisco, CA 5.3%
King, WA 5.4%
Middlesex, MA 5.6%
Oklahoma, OK 5.6%
Nassau, NY 5.7%
Orange, CA 5.8%
Tarrant, TX 5.8%
Harris, TX 5.9%
Montgomery, PA 5.9%
Orange, FL 5.9%
Wake, NC 5.9%
Allegheny, PA 6.0%
Bexar, TX 6.0%
Norfolk, MA 6.0%
Snohomish, WA 6.0%
Westchester, NY 6.0%
Jefferson, AL 6.1%
Suffolk, NY 6.1%
Franklin, OH 6.2%
Hillsborough, FL 6.2%
Pinellas, FL 6.2%
Bernalillo, NM 6.3%
Bucks, PA 6.3%
Dallas, TX 6.4%
Duval, FL 6.4%
Santa Clara, CA 6.4%
Lee, FL 6.5%
Multnomah, OR 6.5%
Maricopa, AZ 6.6%
Jackson, MO 6.6%
Palm Beach, FL 6.7%
Davidson, TN 6.7%
DuPage, IL 6.8%
Fairfield, CT 6.8%
Monroe, NY 6.8%
Baltimore, MD 6.9%
Contra Costa, CA 6.9%
Cuyahoga, OH 6.9%
Gwinnett, GA 6.9%
Pima, AZ 6.9%
Alameda, CA 7.0%
Bergen, NJ 7.0%
Cobb, GA 7.0%
Erie, NY 7.0%
San Diego, CA 7.0%
Suffolk, MA 7.0%
Essex, MA 7.3%
Hamilton, OH 7.3%
Monmouth, NJ 7.3%
Ventura, CA 7.3%
Marion, IN 7.4%
New York, NY 7.4%
El Paso, CO 7.5%
Middlesex, NJ 7.5%
Pierce, WA 7.5%
Lake, IL 7.6%
Prince George's, MD 7.6%
Worcester, MA 7.6%
Mecklenberg, NC 7.7%
Milwaukee, WI 7.7%
Jefferson, KY 7.8%
Oakland, MI 7.8%
Hartford, CT 7.9%
Queens, NY 8.0%
Will, IL 8.1%
St Louis, MO 8.2%
New Haven, CT 8.3%
Fulton, GA 8.4%
Sacramento, CA 8.4%
Dekalb, GA 8.5%
El Paso, TX 8.5%
Miami-Dade, FL 8.5%
Macomb, MI 8.8%
Cook, IL 8.9%
Washington, DC 8.9%
Hudson, NJ 9.2%
Providence, RI 9.2%
Clark, NV 9.4%
Los Angeles, CA 9.4%
San Bernardino, CA 9.4%
Kings, NY 9.6%
Essex, NJ 9.7%
Hidalgo, TX 10.1%
Philadelphia, PA 10.1%
Riverside, CA 10.1%
Shelby, TN 10.1%
Wayne, MI 10.1%
Kern, CA 10.3%
San Joaquin, CA 11.6%
Fresno, CA 12.0%
Bronx, NY 12.1%
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Old 12-26-2013, 09:50 AM
 
Location: New Mexico --> Vermont in 2019
9,046 posts, read 17,333,975 times
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For Minneapolis, I only have a vague idea of economic activity as I know there are some notable corporations based there, but what's the story behind the success? Does the North Dakota oil boom play any part in it and is used as a white collar base, or something else?

Last edited by Desert_SW_77; 12-26-2013 at 10:00 AM..
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Old 12-26-2013, 10:09 AM
 
Location: New Mexico --> Vermont in 2019
9,046 posts, read 17,333,975 times
Reputation: 11306
Quote:
Originally Posted by caphillsea77 View Post
For Minneapolis, I only have a vague idea of economic activity as I know there are some notable corporations based there, but what's the story behind the success? Does the North Dakota oil boom play any part in it and is used as a white collar base, or something else?
This pressed me to answer my own question. After a bit of googling on the economy of Minneapolis it looks as though it has a....

Diversified economic base with a booming healthcare sector
Relatively low poverty rate and well educated
Reasonable Cost of Living and less of a real estate bubble than other parts of the US.

seems like a simple and practical formula really.
No Major Metro Has Lower Unemployment Than Twin Cities - MN2020 Hindsight

All though not all is rosey as the article says like everywhere in America as there are a bit more Starbucks baristas with college degrees scenario basically running idle.

Last edited by Desert_SW_77; 12-26-2013 at 10:30 AM..
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Old 12-26-2013, 10:15 AM
 
Location: Bel Air, California
20,344 posts, read 20,456,525 times
Reputation: 31603
Quote:
Originally Posted by 18Montclair View Post
Yes, that sucks^ for DC and Boston and Cleveland. I wonder what the reason behind Boston is?
I saw a Bloomberg Business Reort special on TV that attributed the Cleveland UR rising because the Rock and Roll Hall of Fame was closed for the holidays and many of the ushers are no longer needed for Cavalier and Browns games.
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Old 12-26-2013, 10:43 AM
 
Location: Tokyo, Japan
6,479 posts, read 7,726,682 times
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Quote:
Originally Posted by 18Montclair View Post
We wont have any new data till next year.
Read Bizjournals and you'll get your unemployment rates 4 weeks before BLS makes it official.

Here are your updates for November (BLS only has October).

the D-M-V
Quote:
The unemployment rates in the District, Maryland and Virginia fell sharply in November, mirroring the national trend, according to Bureau of Labor Statistics.

The District’s 8.6 percent unemployment rate remains above the national average and joined 45 other states in posting a lower rate in November compared with October.

Maryland and Virginia continue to post jobless rates that are better than the national average. Maryland’s dropped from 6.7 percent to 6.4 percent, while Virginia improved from 5.6 percent to 5.4 percent.

http://www.bizjournals.com/washingto...harply-in.html
South Florida
Quote:
All three counties of South Florida also had the lowest rate in five years. Broward County’s rate was 5.2 percent; Palm Beach County’s was 6.4 percent and Miami-Dade County’s rate fell to 7.8 percent.

Florida unemployment falls to 6.4 percent - South Florida Business Journal
Atlanta
Quote:
Atlanta’s unemployment rate dropped to 7 percent in November, which is lowest the rate has been since it was 6.9 percent in October 2008. Last year in November, Atlanta’s unemployment was 8.1 percent.

Metro Atlanta?s unemployment rate declines in November - Atlanta Business Chronicle
Boston and Massachusetts
Quote:
For the first time in six years, the Bay State’s unemployment rate has popped above the national average.
Federal data indicate that Massachusetts added 6,500 jobs in November, with nearly one in five positions being accounted for by the private sector. The state’s 7.1 percent unemployment rate in November was down from October’s level of 7.2 percent.

Bay State unemployment rate dips, but trails U.S. rate for first time in 6 years - Boston Business Journal
Houston
Quote:
The Houston-Sugar Land-Baytown MSA recorded a 5.6 percent rate, which is down from 5.9 percent in October and 5.9 percent in November 2012.

Texas' and Houston's unemployment rates continue to decrease - Houston Business Journal
Dallas and Fort Worth
Quote:
The Texas unemployment rate dropped to 6.1 percent in November, the lowest it’s been in nearly five years, according to statistics released Friday by the Texas Workforce Commission.

At the same time, the state ranked second in the nation for job creation, adding 28,700 non-farm positions, the U.S. Bureau of Labor Statistics also reported.

In the Dallas area, the unemployment rate was even lower: 5.7 percent, dropping from 5.9 percent in October and 5.8 percent in November 2012. In the Fort Worth area, joblessness was at 5.5 percent.

Texas unemployment rate hits five-year low - Dallas Business Journal
Anyways, you can just get it from there. Most probably a story between December 20th - December 23rd, 2013.
Quote:
Originally Posted by 18Montclair View Post
I wonder what the reason behind Boston is?
Population growth is slipping in every major metropolitan area in the Bos-Wash region except for New York. Each of them are slowing down, ironically as the rest of the country speeds up. In Washington our unemployment rate is up and down in recent months, for November it's down. For Boston, it's just now going through what Philadelphia and New York did about a year to a year and a half ago.

Last edited by Facts Kill Rhetoric; 12-26-2013 at 11:10 AM..
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Old 12-26-2013, 12:33 PM
 
Location: Limbo
6,458 posts, read 5,913,806 times
Reputation: 6228
Keep on rocking, Twin Cities!
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Old 12-26-2013, 12:39 PM
 
Location: Zurich, Switzerland/ Piedmont, CA
31,598 posts, read 53,157,788 times
Reputation: 14516
Quote:
Originally Posted by emcee squared View Post
Keep on rocking, Twin Cities!
Yes, I'm very impressed by the performance of that area.
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Old 12-26-2013, 12:44 PM
 
Location: Syracuse, New York
3,096 posts, read 2,407,403 times
Reputation: 2253
Looks like Portland's reputation of having a lousy economy may need a little revising.
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