Unemployment

S. Fla. jobless rate grows in 2010

Posted on Tuesday, February 08, 2011

Nearly two-thirds of the nation’s 372 metropolitan areas finished 2010 with lower unemployment rates than they posted a year earlier. However, South Florida was not among them.
A total of 238 metro areas registered improvements in their jobless rates last year, according to a Business First analysis of new data from the U.S. Department of Labor's Bureau of Labor Statistics. Nineteen metro areas were unchanged, while the remaining 115 areas suffered increases in unemployment.
The Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area saw unemployment go up 0.7 percent – to 11.8 percent from 11.1 percent – between December 2009 and December 2010.
Click here for a database with year-to-year unemployment comparisons for all 372 metro areas.
Muskegon, Mich., enjoyed the biggest decline in 2010. Its unemployment rate improved 4.8 percentage points – to 11.4 percent in December 2010 from 16.2 percent in December 2009.
The national runners-up were three other Michigan metros: Monroe (down 4.4 percentage points), Jackson (down 4.3 points) and Flint (down 4.2 points).
Yuma, Ariz., suffered the worst increase during the past year. Its jobless rate rose 4.4 percentage points – to 23.2 percent in December 2010 from 18.8 percent in December 2009.
Other sizable increases in unemployment occurred in Las Vegas (up 1.9 percentage points), Pueblo, Colo. (up 1.8 points), and Yuba City, Calif. (up 1.7 points).
South Florida Business Journal - by G. Scott Thomas, Buffalo Business First


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