Industry NewsMarkets & Economy

Metros with largest yearly drop in July unemployment rate

Based on U.S. Bureau of Labor Statistics report

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

According to the latest figures released today from the U.S. Bureau of Labor Statistics:Michigan and Indiana accounted for half of the 10 metros to see the biggest year-over-year decreases in unemployment in July. Rockford, Ill., posted the biggest drop, 3.3 percent, to a rate of 12.1 percent. Eight out of the 10 metros to see the biggest improvements still had rates higher than the national rate in July.Top 10 Metros with Largest Percentage Drops in Unemployment Rate (July 2011 vs. July 2010)    July 2010 July 2011 (preliminary)   Rank Metropolitan Area Rate Rate Change   United States 9.7 9.3 -0.4           1 Rockford, Ill. 15.4 12.1 -3.3 2 Steubenville-Weirton, Ohio-W.Va. 13.5 10.5 -3 3 Farmington, N.M. 10.6 7.8 -2.8 3 Muskegon-Norton Shores, Mich. 14 11.2 ...