Industry NewsMarkets & Economy

Unemployment falls in 80% of U.S. metros

Markets in Indiana and Michigan see biggest drops

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Jobless rates fell year-over-year in the vast majority of U.S. metro areas in April, according to the latest figures released today from the U.S. Bureau of Labor Statistics. Of 372 metro areas covered by the bureau, 80 percent posted drops in unemployment compared to April 2010, while the rate rose in about 15 percent and remained the same in some 6 percent of metros. By contrast, nearly half of metros saw their rate rise in November. Nationally, the unemployment rate fell to a non-seasonally-adjusted 8.7 percent from 9.2 percent in March and 9.5 percent in April 2010. Indiana and Michigan saw the biggest drops in unemployment, accounting for nine out of 12 metro areas to see percentage-point declines of 3 percent or more. Over-the-Year Change in Unemployment Rates for Metropolitan Areas Not Seasonally Adjusted     Apr. 2010 Apr. 2011p   Rank Metropolitan Area Rate Rate Change   ...