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Thursday, September 28, 2023

Cities in New Jersey, Illinois and California Saw Jump in Jobless Rate

 

  • Unemployment also climbed in six California metro areas
  • Rate in Atlantic City rose by 2 percentage points in a year

In a nation where the unemployment rate has been hovering near decades lows for a year, fifteen small and mid-size cities in New Jersey, California and Illinois experienced a sizable increase in joblessness.

All but one of the 16 areas where the unemployment rate rose by at least 1.5 percentage points over the year were in those three states, according to Bureau of Labor Statistics data released Wednesday. Among them are Atlantic City, New Jersey, and Rockford, Illinois, where the unemployment rate climbed by about 2 percentage points each, to 6.1% and 7.4%, respectively.

https://www.bloomberg.com/news/articles/2023-09-28/unemployment-rate-rises-in-new-jersey-and-illinois-cities

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