WSJ has story HERE, with data indicating that Portland Metro May 2010 unemployment rate at 10.2% is still higher than national unemployment rate of 9.3%.
I prepared table HERE which took table from WSJ story and added additional comparisons; rankings are from worst (1) to best (49).
Some Portland Metro observations:
I prepared table HERE which took table from WSJ story and added additional comparisons; rankings are from worst (1) to best (49).
Some Portland Metro observations:
- Portland metro ranking improved, by dropping from 7th worst to 14th worst from May 2009 to May 2010.
- Portland's May 2010 unemployment rate of 10.2% remained above the median unemployment rate of 9% for the 49 largest metro areas.
- Portland was only one of 15 metro areas to see improvement from May 2009 to May 2010 with an unemployment rate that was a .6 point decline, compared to a 49 metro area median increase of .5 points. Only 5 other metro areas had a higher point unemployment rate decline than Portland did during this time period. (Minneapolis, Detroit, Charlotte, Buffalo, and Milwaukee).
Originally created and posted on the Oregon Housing Blog.
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