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US Unemployment Rate Down to 3.9%

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Us unemployment rate down to 3. 9%

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The national unemployment rate in November was 3.9%, down 6.4% year-over-year with unemployment rates lower in all 389 metropolitan areas of the United States, according to the US Bureau of Labor Statistics.

Hawaii continued its tourism recovery with the largest year-over-year unemployment rate decrease in Kahului-Wailuku-Lahaina by  -9.4%.

The lowest unemployment rates were in Lincoln, Nebraska and Logan, Utah with 1.1% each. El Centro in California has the highest rate at 15.5%.

Among cities of more than one million people Salt Lake City had the lowest jobless rate in November at 1.4% followed by Oklahoma City at 1.7%.

The greatest year-over-year employment increases occurred in New York-Newark-Jersey City, NY-NJ-PA with an additional 348,200 jobs, Los Angeles-Long Beach-Anaheim, CA with an additional 344,800, and Dallas-Fort Worth-Arlington, TX with an additional 210,200.

The greatest year-over-year percentage gains in employment occurred in Kahului-Wailuku-Lahaina, HI by 13.7%, Daphne-Fairhope-Foley, AL by 9.5%, and Las Vegas-Henderson-Paradise, NV by 8.5%.

Tags: labor marketsUnemploymentUSBLS

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