Wednesday, February 4, 2015

Metropolitan Area Employment and Unemployment Summary – December, 2014



METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT -- DECEMBER 2014

Unemployment rates were lower in December than a year earlier in 341 of the
372 metropolitan areas, higher in 25 areas, and unchanged in 6 areas, the U.S.
Bureau of Labor Statistics reported today. Fourteen areas had jobless rates of
at least 10.0 percent and 158 areas had rates of less than 5.0 percent. Nonfarm
payroll employment increased over the year in 312 metropolitan areas, decreased
in 49 areas, and was unchanged in 11 areas. The national unemployment rate in
December was 5.4 percent, not seasonally adjusted, down from 6.5 percent a year
earlier.


Metropolitan Area Unemployment (Not Seasonally Adjusted)

Yuma, Ariz., and El Centro, Calif., had the highest unemployment rates in
December, 22.1 percent and 21.0 percent, respectively. Midland, Texas, had the
lowest unemployment rate, 2.1 percent. A total of 208 areas had December
unemployment rates below the U.S. figure of 5.4 percent, 155 areas had rates
above it, and 9 areas had rates equal to that of the nation. (See table 1.)

Decatur, Ill., had the largest over-the-year unemployment rate decrease in
December (-4.9 percentage points), followed by Danville, Ill. (-4.8 points).
Fifty-one other areas had rate decreases of at least 2.0 percentage points.
Alexandria, La., had the largest over-the-year jobless rate increase (+1.9
percentage points).

Of the 49 metropolitan areas with a Census 2000 population of 1 million or more,
Memphis, Tenn.-Miss.-Ark., had the highest unemployment rate in December, 7.6
percent. Minneapolis-St. Paul-Bloomington, Minn.-Wis., had the lowest jobless
rate among the large areas, 3.3 percent. Forty-eight of the large areas had
over-the-year unemployment rate decreases, the largest of which occurred in
Providence-Fall River-Warwick, R.I.-Mass. (-2.9 percentage points), and Chicago-
Joliet-Naperville, Ill.-Ind.-Wis. (-2.7 points). The only rate increase occurred
in New Orleans-Metairie-Kenner, La. (+1.5 percentage points).

Metropolitan Division Unemployment (Not Seasonally Adjusted)

Eleven of the most populous metropolitan areas are made up of 34 metropolitan
divisions, which are essentially separately identifiable employment centers. In
December, Gary, Ind., had the highest unemployment rate among the divisions, 7.8
percent. Framingham, Mass., and San Francisco-San Mateo-Redwood City, Calif., had
the lowest rates among the divisions, 3.7 percent each. (See table 2.)

Thirty-three of the metropolitan divisions had over-the-year unemployment rate
decreases in December. The largest of the declines occurred in Chicago-Joliet-
Naperville, Ill. (-2.9 percentage points). The only unemployment rate increase was
in Miami-Miami Beach-Kendall, Fla. (+0.1 percentage point).

Metropolitan Area Nonfarm Employment (Not Seasonally Adjusted)

In December, 312 metropolitan areas had over-the-year increases in nonfarm payroll
employment, 49 had decreases, and 11 had no change. The largest over-the-year
employment increases occurred in Dallas-Fort Worth-Arlington, Texas (+136,900), New
York-Northern New Jersey-Long Island, N.Y.-N.J.-Pa. (+129,000), and Houston-Sugar
Land-Baytown, Texas (+120,600). The largest over-the-year percentage gain in
employment occurred in Midland, Texas (+6.0 percent), followed by Longview, Texas
(+5.2 percent), and Lake Charles, La. (+5.0 percent). (See table 3.)

The largest over-the-year decreases in employment occurred in Atlantic City-Hammonton,
N.J. (-8,100), Peoria, Ill. (-1,900), and Syracuse, N.Y. (-1,800). The largest over-
the-year percentage decreases in employment occurred in Atlantic City-Hammonton, N.J.
(-6.0 percent), Steubenville-Weirton, Ohio-W.Va. (-3.6 percent), and Ocean City, N.J.
(-3.2 percent).

Over the year, nonfarm employment rose in all of the 38 metropolitan areas with
annual average employment levels above 750,000 in 2013. The largest over-the-year
percentage increase in employment in these large metropolitan areas occurred in
Dallas-Fort Worth-Arlington, Texas (+4.4 percent), followed by Orlando-Kissimmee-
Sanford, Fla. (+4.3 percent), and Houston-Sugar Land-Baytown, Texas (+4.2 percent).

Metropolitan Division Nonfarm Employment (Not Seasonally Adjusted)

Nonfarm payroll employment data were available in December 2014 for 32 metropolitan
divisions, which are essentially separately identifiable employment centers within a
metropolitan area. All of the 32 metropolitan divisions had over-the-year employment
gains. The largest over-the-year increase in employment among the metropolitan
divisions occurred in Dallas-Plano-Irving, Texas (+108,100), followed by New York-
White Plains-Wayne, N.Y.-N.J. (+106,900), and Los Angeles-Long Beach-Glendale, Calif.
(+70,600). (See table 4.)

The largest over-the-year percentage increase in employment among the metropolitan
divisions occurred in Dallas-Plano-Irving, Texas (+4.9 percent), followed by Fort
Lauderdale-Pompano Beach-Deerfield Beach, Fla., and San Francisco-San Mateo-Redwood
City, Calif. (+3.7 percent each).





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