Jobs Jump Off a Cliff in the Nation’s Major Metro Areas
With the November unemployment rate up to 9.8 percent (up from 9.6 percent in October) and job growth down to only 39,000 (down from October’s 172,000), thenational jobs picture is dismal, dashing hopes that a labor market recovery is imminent. The picture in the nation’s 100 largest metropolitan areas as of the third quarter of this year (ending in September) is equally bleak, as the latest BrookingsMetroMonitor shows.
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