Comparing Metropolitan Area 2013 Unemployment Rates

[Metro Jacksonville]

Comparing Metropolitan Area 2013 Unemployment Rates



Ever wonder how Jacksonville's unemployment rates compare with the rest of the country?  This April 2013 list of large metropolitan area unemployment rates provides you with an answer.



Full Article
http://www.metrojacksonville.com/article/2013-jun-comparing-metropolitan-area-2013-unemployment-rates

[Jason]

I thought Jax was a bit worse than many of those cities on the list.  Looks like positive news to me.

[Tacachale]

If this is accurate, that's definitely good news all around.

[FSBA]

I wonder what the U-6 unemployment rate looks like in Jacksonville. I image it would paint a much bleaker picture.

A more comprehensive unemployment gauge know as the “U-6” rate for its classification by the Labor Department, ticked down by a tenth of a point. This number includes the official unemployment rate plus workers the Labor Department says are “marginally attached,” which means they are not looking for work but say they want a job and have looked for work recently. It also includes people who want to work full-time but instead have part-time jobs because that was all they could find. In May the U-6 rate went from 13.9% to 13.8%. The problem: It’s not clear whether the number fell because people returned to the labor force or because they gave up even hoping for a job.

http://www.forbes.com/sites/susanadams/2013/06/07/the-unemployment-news-is-worse-for-many/