metro area unemployment data: june 2011

Metro Area Unemployment

July 2011National Association of REALTORS®Research DivisionCompilation of Data from the Bureau of Labor Statistics

Data Highlights• Among the 27 metro areas reviewed, the Washington DC area had the lowest June

2011 unemployment rate of 6.2 percent while Las Vegas had the highest, at 13.8 percent.

• Looking at changes in the last year, 23 large metro areas reviewed saw decreases, or improvement, in the unemployment rate. Four large metro areas reviewed saw an increase, or worsening, in the unemployment rate in that time period. By comparison, the unemployment rate in the US decreased by 0.3 percentage points in the year.

• Las Vegas had the greatest improvement in unemployment rate over the year. The unemployment rate there fell by 1.5 percentage points, from 15.4 percent to 13.9 percent. This good news is somewhat tempered by the fact that in the same period, Las Vegas saw a decline in the size of the labor force of 2.9 percent. By comparison, the US labor force declined by 0.2 percent in the same period.

• Detroit; Portland, OR; Cleveland and St. Louis followed Las Vegas in improvement in the unemployment rate. Each area had a drop of 1 percentage point or more in the year.

• Atlanta, Dallas, Memphis, and Houston had increases in their unemployment rates over the year, but these were small (less than 0.3 percentage point) except in Memphis where the increase was 0.9 percent.

• The recent national trend of an increasing unemployment rate for the past few months is seen in nearly every metro area covered in this review.

Large Metros Unemployment Rate in June 2011

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

Perc

ent

Unemployment Rate, Phoenix-Mesa AZ

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

8

6

4

2

Unemployment Rate, Los Angeles-Long Beach-Santa Ana, CA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

14

12

10

8

6

4

Unemployment Rate, San Diego CA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

2

Unemployment Rate, San Francisco-Oakland-Fremont, CA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

2

Unemployment Rate, Denver-Aurora, CO

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

8

6

4

2

Unemployment Rate, Washington-Arlington-Alexandria, DC-VA-MD-WV MetDiv

%

1110090807Source: Bureau of Labor Statistics 08/03/11

7

6

5

4

3

2

Unemployment Rate, Atlanta GA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

Unemployment Rate, Chicago-Naperville-Joliet, IL-IN-WI

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

2

Unemployment Rate, New Orleans-Metairie-Kenner, LA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

8

6

4

2

Unemployment Rate, Boston-Cambridge-Quincy, MA NECTA Division

%

1110090807Source: Bureau of Labor Statistics 08/03/11

9

8

7

6

5

4

3

Unemployment Rate, Detroit-Warren-Livonia, MI

%

1110090807Source: Bureau of Labor Statistics 08/03/11

18

16

14

12

10

8

6

Unemployment Rate, Minneapolis-St Paul MN-WI

%

1110090807Source: Bureau of Labor Statistics 08/03/11

9

8

7

6

5

4

3

Unemployment Rate, St Louis MO-IL

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

Unemployment Rate, Las Vegas-Paradise-Pahrump, NV CSA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

17.5

15.0

12.5

10.0

7.5

5.0

2.5

Unemployment Rate, New York-Northern New Jersey-Long Island NY-NJ

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

8

6

4

2

Unemployment Rate, Charlotte-Gastonia-Rock Hill NC-SC

%

1110090807Source: Bureau of Labor Statistics 08/03/11

14

12

10

8

6

4

Unemployment Rate, Cincinnati-Middletown-Wilmington, OH-KY-IN CSA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

Unemployment Rate, Cleveland-Elyria-Mentor, OH

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

Unemployment Rate, Columbus OH

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

9

8

7

6

5

4

Unemployment Rate, Portland-Vancouver-Beaverton OR-WA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

Unemployment Rate, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

8

6

4

2

Unemployment Rate, Pittsburgh PA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

10

8

6

4

2

Unemployment Rate, Memphis TN-AR-MS

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

Unemployment Rate, Houston-Baytown-Sugar Land, TX

%

1110090807Source: Bureau of Labor Statistics 08/03/11

9

8

7

6

5

4

3

Unemployment Rate, Dallas-Fort Worth-Arlington, TX

%

1110090807Source: Bureau of Labor Statistics 08/03/11

9

8

7

6

5

4

Unemployment Rate, Seattle-Tacoma-Bellevue, WA

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4

2

Unemployment Rate, Milwaukee-Waukesha WI

%

1110090807Source: Bureau of Labor Statistics 08/03/11

12

10

8

6

4