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Jobless Rates Drop in Most Cities

Wall Street Journal Online (01/04/12) Izzo, Phil

The U.S. Department of Labor reports that while unemployment rates in most cities were below year-earlier levels in November, 133 of 372 metropolitan areas posted flat or declining employment from November 2010.

The highest unemployment rates were concentrated in California with seven of the top eight located in the state. Among metropolitan areas with over a million people, Las Vegas and California’s Inland Empire topped the list with 12.5% each. Minneapolis-St. Paul was the lowest among large cities with a rate of 5.1%.