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Blogging on Employment and Job Markets in US Metro Areas

Posts Categorized: Unemployment

Initial Unemployment Claims Update

The DOL has released unemployment claims data for the week ending February 25 (see the DOL news release here). Initial claims show us a labor market that continues to improve, with the 4-week moving average as of February 25 at 234,250 down 10.3% from a year earlier (here’s a link to the FRED chart below):… Read more »

Weekly Initial Unemployment Claims down 12.1% from a year ago

The Department of Labor reported that for the week ending February 4, seasonally adjusted initial claims were 234,000, down from the previous week’s unrevised level of 246,000. The 4-week moving average was 244,250, a decrease of 3,750 from the previous week’s unrevised average of 248,000. Compared to a year earlier, the 4-week moving average is… Read more »

December 2016 Metro Area Unemployment Update

Now that metro area unemployment rates for December have been released, it’s time for an update. For metro areas with populations of 1 million or more as of the 2010 census, here are the 10 lowest unemployment rates: Topping the list, is Boston with an unemployment rate of 2.5%. Only two other large metros had… Read more »