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06-30-2009, 04:02 PM #1
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Jobless Rates Rise in All Metro Areas in May
Jobless Rates Rise in All Metro Areas in May
Tuesday, June 30, 2009 10:40 AM
WASHINGTON -- Unemployment rates rose in all the largest U.S. metropolitan areas for the fifth straight month in May.
The Labor Department says jobless rates in May rose from a year earlier in all 372 metropolitan area it tracks.
The unemployment rate in Kokomo, Ind., jumped to 18.8 percent, up 11.7 percentage points from a year ago, the largest increase of all metro areas. The second-highest jump occurred in Indiana's Elkhart-Goshen. Its rate jumped to 17.5 percent, up 11.4 percentage points from a year earlier. Both areas have been slammed by layoffs in transportation equipment manufacturing.
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