Friday, July 30, 2010

Students impact metropolian unemployment rates nationwide

An article in USA Today reports that unemployment rates rose in approximately three-quarters of the nation's largest metropolitan areas, due to the entry of nearly one million teenagers into the workforce seeking summer employment.

USA Today drew this interesting point from the latest metropolitan employment and unemployment information, released by the Bureau of Labor Statistics on Wednesday. Between June 2009 and June 2010, unemployment rates dropped in 185 metros, increased in 168 areas, and19 were unchanged over the previous year. A dozen metropolitan areas recorded jobless rates of 15.0 percent or higher.

Oregon's 6 metropolitan areas have relatively high unemployment rates - and corresponding low rankings among the 372 metros nationwide. Corvallis ranks the highest for Oregon in June, 55th place nationally with an unadjusted unemployment rate of 6.9 percent. Portland takes the next highest ranking at 251st (10.2% unemployment), followed closely by Salem in 253rd (10.3%) and Eugene in 261st (10.4%). The Medford (12.2%) and Bend (13.4%) metropolitan areas break into the 300s.

For more information, you can read the full summary on the BLS website (

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