Wednesday, August 15, 2012

Six California cities have unemployment above 15% - New Mexico Business Weekly:

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percent unemployment rate. Yuba City had the second-highest jobless rate in the statrat 17.7 percent, while Merced, Modesto, Fresno, Reddinv and Stockton also endure 15 percent-plus jobless rates, according to a federal reporty released Tuesday. Sacramento-area’s jobless rate reachedc 11.1 percent last month, 2 percentage pointe below the modern-day record of 11.3 percen reached in March, according to the state . But the capital region is faring better than many otheemetropolitan areas. Overall, 112 metropolitan area reported jobless rates of at leas 10 percentlast month, compared to only six cities a year ago, accordinh to the report. The national jobless rate was 9.
1 percent last month, but many cities surpasse d that level. Yuma, Ariz., has the nation’e second-highest jobless rate at 23.3 Indiana cities Kokomo and Elkhart-Goshen had the largesft one-year increases — more than 11 percentagw points higher than ayear ago. The hardest-hit big citiezs with 1 million-plus residents are Detroiyt at 14.9 percent, followed by Riverside-Sanj Bernardino at 13 percent, while N.C., and Providence, R.I., are at 12 The best cities for job-seekers? Bismarck, at a national low of 3.5 followed by Iowa citie s Ames andIowa City, both beloew 4 percent.
Oklahoma City and San Antonioi boasted the lowest jobless rates for cities with at leastf 1million residents, at 5.7 perceng and 5.8 percent, respectively.

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