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August 11, 2022
A total of 78 metropolitan areas had jobless rates of less than 3.0 percent in June 2022. Two areas had rates of at least 10.0 percent, and 8 areas had rates of 2.0 percent or less. The national unemployment rate in June was 3.8 percent, not seasonally adjusted, down from 6.1 percent a year earlier. Full Text »
This Beyond the Numbers article will describe the unemployed people per job openings ratio and examine unemployment and job openings trends by looking at estimates at the national level from December 2000 to December 2021, and at the state and regional level from December 2017 to December 2021. National data allows users to see the relationship more clearly between labor supply and demand nationwide, while state and regional data allows for comparative analysis across state labor markets.
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