3 Out Of 4 Cities Saw A Rise In Unemployment
Each month, the Labor Department measures the unemployment rate in 374 metro areas throughout the country. About a month later, statistics are released.
In June 2010, the unemployment rate rose in 291 out of the 374 areas, according to data released on July 28th, 2010. This increase reflects a change from what we saw in the previous three months, when the unemployment rate was actually going down.
While the statistics are interesting for economists, whether the unemployment rate went up or down is of less importance to people who are out of work. The real question millions keep asking themselves is “Where can I find a job?”
The government is providing some assistance with the latest extension of EUC eligibility through November, but thousands of Americans are still waiting to hear from Congress about the possibility of a Tier 5 extension.
