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Tuesday, July 05, 2011

Baltimore Job Market 22nd Best This Century

The Baltimore-area's unemployment rate was 22nd overall among the country's top 100 major metropolitan regions in the 21st century.

Bizjournals.com's On Numbers blog compiled the 137 monthly unemployment reports that have been issued by the U.S. Bureau of Labor Statistics since January 2000. Baltimore's median jobless rate was 4.6 percent during the span. Baltimore’s unemployment rate was 5 percent or less during 99 of the 137 months.

Baltimore's latest jobless rate, as of May, was 7.3 percent.

Madison, Wis., median jobless rate since January 2000 span was 3.5 percent, the lowest figure among the nation’s 100 biggest metros. Honolulu and Washington, D.C. (3.7 percent) were the runners-up.

Madison’s unemployment rate was 5 percent or less during 110 of the 137 months. The only places to do better in that category were Omaha (119 months at 5 percent or less) and Honolulu (111 months).

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