The newest unemployment numbers show a slight improvement in the nation’s unemployment rate. Americans now may have some small hope that the Great Recession might be coming to an end. But which cities are leading the comeback?
To find out, The Daily Beast considered the change in unemployment from September 2010 to September 2011 and the change in employment—to factor in overall job creation—from September 2010 to September 2011 (both with data from the US. Bureau of Labor Statistics). In addition to the change from last year, we wanted to consider what the economic future holds for the fourth quarter of 2011. Using data from the Manpower Economic Outlook Survey, which surveyed 18,000 employers across the 100 largest metropolitan areas in the country, we included the net job growth percentage for each metro area. Job growth was calculated by Manpower based on the percent of employers expecting to add jobs subtracted from the percent of employers expecting to cut jobs.
The list recognizes the cities with the most improvement. Riverside, Calif., for instance, has an unemployment rate of 13.4 percent, several points higher than the national average, but things are getting better, as unemployment there is down more than 1 percent over the past year.