Job Market Tightens in Cities Across the U.S.
With jobless rates in dozens of metro areas below the 5.2 to 5.6 percent range - regarded as full employment by the Federal Reserve - companies are struggling to fill positions.
Published Apr. 16, 2014
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Unemployment Rate in U.S. Metropolitan Statistical Areas
Across the U.S. from Austin to New Orleans and Omaha, metropolitan jobless rates have fallen below 5 percent. That’s causing companies to start to lift pay, work current employees longer hours, add benefits and recruit from other markets.
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2009
2014
Sources: U.S. Bureau of Labor Statistics, ERSI
RESEARCH: STEVE MATTHEWS / BLOOMBERG NEWS
GRAPHIC: DAVE MERRILL, ALEX TRIBOU, JEREMY DIAMOND / BLOOMBERG VISUAL DATA