IE Business Daily Business news for the Inland Empire.
Year-over-year unemployment dropped in 348 of 372 metropolitan areas in the United States during July.
During the same time, the jobless rate rose in 16 metropolitan areas and stayed the same in eight markets, according to report released Wednesday by the U.S. Department of Labor’s Bureau of Labor Statistics.
Put another way, employment – not counting agricultural jobs – was up in 327 markets, down in 41 and unchanged in four compared with July 2013, according to the data.
The national unemployment rate in July was 6.5 percent, down from 7.7 percent one year ago. In the Inland Empire, unemployment went from 10.2 percent last year to 9.2 percent last month, according to the data.
