Thursday, December 03, 2009

Unemployment in US metros continues to rise

SHOOT: But we're in a recovery?
clipped from
In this Wednesday, Nov. 4, 2009 photo, job seekers attend a job fair in Livonia,

The jobless rate rose in 162 of the 372 metro areas tracked by the Labor Department. The rate was unchanged in 42 areas. It dropped in 168 areas.

In September, unemployment had improved in 223 areas and worsened in only 123. The deteriorating trend mirrors the U.S. unemployment rate, which jumped to 10.2 percent in October from 9.8 percent in September.

The metro unemployment data isn't seasonally adjusted and is therefore volatile from month-to-month. All 372 areas reported higher unemployment rates in October compared with the previous year.

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