UNEMPLOYMENT CRISIS in America
Transcript of UNEMPLOYMENT CRISIS in America
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Global Economic CrisisHighest Unemployment Rates In The US
Posted by Stephen Cline on November 1st, 2010
The Unemployment Insurance System is facing its toughest battle with bankruptcy ever
recorded, and many states have already lost their individual wars. Take a look at the
information, and learn how your state compares to the ten worst cities in the US. With 15.2%
unemployment in one city, do you believe a recovery is near?
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SHAPE \* MERGEFORMAT
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Having exhumed and drug the remains of John Maynard Keynes
through the streets for the last couple of years Hows
Keynesian economic theory working out for
you?
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Unemployment rate hits 10-year peak in
112 U.S. markets
Birmingham Business Journal - by G. Scott Thomas , Buffalo Business First
Date: Thursday, December 30, 2010, 10:15am CST
Thirty percent of the nations 372 labor markets are currently saddled with their
worst unemployment rates in a decade, according to a new study by Buffalo
Business First.
A total of 112 markets posted higher jobless rates in October 2010 the latest
month for which official figures are available than in any October since the
beginning of the 21st century.
The Birmingham-Hoover metro area's October 2010 rate was 8.7 percent, which
was high compared to its lowest rate of 3.5 in October 2005 but better than its
worst rate of 10 percent set in October 2009.
Click here for detailed breakdowns of the unemployment rates for all 372
metropolitan areas.
Two-thirds of the labor markets 250 in all recorded their worst
unemployment rates of the decade in 2009, then improved slightly in 2010.
The remaining 10 markets hit their unemployment peaks earlier in the 10-year
period. Eight Louisiana, Mississippi and Texas metros suffered their worst
Octobers in 2005, shortly after being devastated by Hurricanes Katrina and Rita.And two markets in Washington state posted their highest jobless rates in
October 2003.
Buffalo Business First, a sister publication to the Birmingham Business Journal,
analyzed unemployment data from the U.S. Bureau of Labor Statistics for every
http://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.html -
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October from 2000 through 2010, determining the high and low points for all 372
labor markets.
The best year for a majority of those metro areas was the very first in the study
period, 2000, when 248 markets registered their lowest unemployment rates of
the decade.
Read more: Unemployment rate hits 10-year peak in 112 U.S. markets |
Birmingham Business Journal
Subscriptions
http://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-
hits-10-year-peak-in.html
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Unemployment rates (October2000-2010)
Business First
Date: Wednesday, December 29, 2010, 8:55am EST
The following database contains unemployment data for 372 metropolitan areasas of October 2010, the latest month for which official figures are available.
All rates were compiled by the U.S. Bureau of Labor Statistics. They are not
seasonally adjusted.
http://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.html#ixzz19wvdant1http://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.html#ixzz19wvdant1http://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.htmlhttp://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/buffalo/datacenter/unemployment-rates-october-2000-2010.htmlhttp://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.html#ixzz19wvdant1http://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.html#ixzz19wvdant1http://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.htmlhttp://www.bizjournals.com/birmingham/news/2010/12/30/unemployment-rate-hits-10-year-peak-in.html -
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The database can be searched by region, section and state. Or you can ignore the
tabs, hit the Search button, and see the entire list at once.
The main chart provides the latest unemployment rate for each market, as well
as its highest and lowest rates of the decade. Click View
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Market
Joblessrate (Oct.2010)
Highestrate in Oct.(2000-2010)Year
Lowestrate in Oct.(2000-2010) Year
Bismarck, ND 2.7% 2.9% 2009 1.5% 2000 View Details
Fargo, ND-MN 3.2% 3.7% 2009 1.6% 2000 View Details
Grand Forks,ND-MN
3.2% 3.6% 2009 2.1% 2000 View Details
Lincoln, NE 3.8% 4.0% 2009 2.2% 2000 View Details
Rapid City,
SD
4.2% 4.5% 2009 2.1% 2000 View Details
Sioux Falls,SD
4.2% 4.5% 2009 1.9% 2000 View Details
Ames, IA 4.4% 4.4% 2010 1.6% 2000 View Details
Burlington-SouthBurlington,VT
4.4% 5.4% 2009 2.0% 2000 View Details
Portsmouth,NH-ME
4.4% 5.7% 2009 2.3% 2000 View Details
Iowa City, IA 4.5% 4.5% 2010 1.7% 2000 View Details
Manhattan, 4.8% 4.8% 2010 2.6% 2007 View Details
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KS
Omaha-Council
Bluffs, NE-IA
4.9% 4.9% 2010 2.5% 2000 View Details
Manchester,NH
5.0% 6.7% 2009 2.1% 2000 View Details
Rochester-Dover, NH-ME
5.0% 6.3% 2009 2.4% 2000 View Details
Billings, MT 5.1% 5.1% 2010 2.2% 2006 View Details
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Records 1-15 of 372
Market
Joblessrate (Oct.2010)
Highestrate inOct. (2000-2010) Year
Lowestrate inOct.(2000-2010) Year
Midland, TX 5.1% 6.1% 2009 2.7% 2007 View Details
Madison, WI 5.2% 5.8% 2009 2.0% 2000 View Details
Rochester, MN 5.3% 5.9% 2009 2.3% 2000 View Details
Amarillo, TX 5.4% 5.5% 2009 3.2% 2007 View Details
Charlottesville,VA
5.4% 5.5% 2009 2.0% 2000 View Details
Logan, UT-ID 5.4% 5.4% 2010 1.9% 2006 View Details
Mankato-NorthMankato, MN
5.4% 6.2% 2009 2.3% 2000 View Details
Honolulu, HI 5.5% 5.8% 2009 2.0% 2006 View Details
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-
8/8/2019 UNEMPLOYMENT CRISIS in America
13/74
Ithaca, NY 5.5% 5.6% 2009 2.8% 2000 View Details
La Crosse, WI-MN
5.5% 6.2% 2009 2.6% 2000 View Details
Lawrence, KS 5.5% 5.5% 2010 2.9% 2000 View Details
Portland-SouthPortland-Biddeford, ME
5.5% 6.6% 2009 2.2% 2000 View Details
State College,PA
5.6% 5.6% 2010 3.1% 2000 View Details
Great Falls, MT 5.7% 5.7% 2010 2.6% 2006 View Details
Washington-Arlington-Alexandria, DC-VA-MD-WV
5.8% 6.3% 2009 2.5% 2000 View Details
1 2 345678910
Records 16-30 of 372
Market
Joblessrate (Oct.2010)
Highestrate in Oct.(2000-2010) Year
Lowestrate inOct. (2000-2010) Year
Waterloo-Cedar Falls, IA
5.8% 7.6% 2009 2.3% 2000 View Details
College
Station-Bryan,TX
5.9% 5.9% 2010 3.4% 2000 View Details
Fayetteville-Springdale-Rogers, AR-MO
5.9% 5.9% 2010 2.2% 2000 View Details
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-
8/8/2019 UNEMPLOYMENT CRISIS in America
14/74
Kennewick-Pasco-Richland, WA
5.9% 6.2% 2003 4.0% 2007 View Details
Lubbock, TX 5.9% 5.9% 2010 3.2% 2000 View DetailsColumbia, MO 6.0% 6.3% 2009 2.2% 2000 View Details
Eau Claire, WI 6.0% 6.3% 2009 2.4% 2000 View Details
Houma-BayouCane-Thibodaux, LA
6.0% 9.6% 2005 2.2% 2007 View Details
Morgantown,
WV
6.0% 6.0% 2010 2.6% 2006 View Details
Cedar Rapids,IA
6.1% 6.1% 2010 2.0% 2000 View Details
Dubuque, IA 6.1% 6.1% 2010 2.9% 2006 View Details
Harrisonburg,VA
6.1% 6.1% 2010 1.6% 2000 View Details
St. Cloud, MN 6.1% 6.8% 2009 2.5% 2000 View Details
Boulder, CO 6.2% 6.2% 2010 2.2% 2000 View Details
Des Moines-West DesMoines, IA
6.2% 6.2% 2010 2.2% 2000 View Details
12 3 4567891
Market
Joblessrate (Oct.2010)
Highestrate in Oct.(2000-2010) Year
Lowestrate inOct. (2000-2010) Year
Abilene, TX 6.3% 6.3% 2010 3.4% 2007 View Details
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-
8/8/2019 UNEMPLOYMENT CRISIS in America
15/74
Oshkosh-Neenah, WI
6.3% 7.2% 2009 2.3% 2000 View Details
San Angelo, TX 6.3% 6.7% 2009 3.6% 2007 View Details
Wenatchee-EastWenatchee,WA
6.3% 6.3% 2010 3.4% 2006 View Details
Appleton, WI 6.4% 7.5% 2009 2.3% 2000 View Details
Bangor, ME 6.4% 6.9% 2009 2.8% 2000 View Details
Oklahoma City,
OK
6.4% 6.4% 2009 2.5% 2000 View Details
Fort Collins-Loveland, CO
6.5% 6.5% 2010 2.2% 2000 View Details
Little Rock-North LittleRock-Conway,AR
6.5% 6.5% 2010 2.9% 2000 View Details
Minneapolis-St.Paul-Bloomington,MN-WI
6.5% 7.3% 2009 2.5% 2000 View Details
Durham-Chapel Hill, NC
6.6% 7.8% 2009 2.9% 2000 View Details
Fairbanks, AK 6.6% 7.1% 2009 4.6% 2006 View Details
Lafayette, LA 6.6% 7.2% 2005 2.4% 2007 View Details
Lawton, OK 6.6% 6.6% 2010 3.3% 2000 View Details
Missoula, MT 6.6% 6.6% 2010 2.3% 2006 View Details
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Records 46-60 of 372
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-
8/8/2019 UNEMPLOYMENT CRISIS in America
16/74
Market
Joblessrate (Oct.2010)
Highestrate in Oct.(2000-2010)Year
Lowest
rate in Oct.(2000-2010) Year
Topeka, KS 6.6% 6.6% 2010 4.0% 2007 View Details
Albany-Schenectady-Troy, NY
6.7% 6.7% 2009 3.0% 2000 View Details
Casper, WY 6.7% 7.7% 2009 2.0% 2007 View Details
Corvallis, OR 6.7% 7.3% 2009 3.7% 2000 View Details
Fond du Lac,WI
6.7% 8.4% 2009 2.4% 2000 View Details
Green Bay, WI 6.7% 7.4% 2009 2.3% 2000 View Details
Jonesboro, AR 6.7% 6.7% 2010 3.5% 2000 View Details
Austin-RoundRock-SanMarcos, TX
6.8% 7.1% 2009 2.8% 2000 View Details
Bremerton-Silverdale, WA
6.8% 7.1% 2009 4.0% 2006 View Details
Jefferson City,MO
6.8% 7.1% 2009 2.7% 2000 View Details
Anchorage, AK 6.9% 7.3% 2009 4.6% 2000 View Details
Bloomington,IN
6.9% 6.9% 2010 2.1% 2000 View Details
Cheyenne, WY 6.9% 7.3% 2009 2.7% 2007 View Details
Duluth, MN-WI 6.9% 7.7% 2009 3.5% 2000 View Details
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-
8/8/2019 UNEMPLOYMENT CRISIS in America
17/74
Idaho Falls, ID 6.9% 6.9% 2010 1.6% 2006 View Details
1234 5 678910
Records 61-75 of 372
Market
Joblessrate (Oct.2010)
Highestrate in Oct.(2000-2010)Year
Lowestrate in Oct.(2000-2010) Year
Roanoke, VA 6.9% 7.2% 2009 1.9% 2000 View Details
Waco, TX 6.9% 6.9% 2010 3.9% 2000 View Details
Yakima, WA 6.9% 6.9% 2003 4.2% 2007 View Details
Boston-Cambridge-Quincy, MA-NH
7.0% 8.1% 2009 2.1% 2000 View Details
Danbury, CT 7.0% 7.4% 2009 1.1% 2000 View Details
Glens Falls,
NY
7.0% 7.1% 2009 3.3% 2000 View Details
Lewiston-Auburn, ME
7.0% 7.9% 2009 2.9% 2000 View Details
Santa Fe, NM 7.0% 7.0% 2010 2.5% 2007 View Details
VirginiaBeach-Norfolk-
NewportNews, VA-NC
7.0% 7.0% 2010 2.2% 2000 View Details
Winchester,VA-WV
7.0% 7.2% 2009 1.8% 2000 View Details
Lebanon, PA 7.1% 7.1% 2010 2.8% 2000 View Details
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