Unemployment rates up in 90 percent of U.S. cities

Posted by on Jul 31, 2013 at 8:06 am
obamafail

Unemployment rates rose in nearly all large U.S. cities in June as college graduates and many of those still in school began searching for jobs.

The Labor Department said Tuesday that unemployment rates rose in 347 large metro areas in June compared with the previous month. They fell in 12 and were unchanged in 13. In May, rates fell in 109 cities and rose in 243.

Unlike the national figures, the metro unemployment data are not adjusted for such seasonal changes. Many of the cities with significant rate increases have large universities where students graduated in June and began looking for work. And many university workers are temporarily unemployed in the summer when the academic year ends.

Full story.

Comments are closed.