Four straight months and counting: Greater Cleveland yet again lost more jobs than any metro area in the country, the Labor Department reported Monday.
In fact, the Cleveland-Elyria-Mentor metro area was the only one of the 37 large metro areas posting a decrease in employment between August 2012 and August 2013.
Greater Cleveland lost 7,900 jobs. Bloomington, Ind., was second, losing 4,000 jobs and Peoria, Ill., was third, shedding 3,500 jobs.
Though Greater Cleveland lost more jobs than any metro area, it did not have the highest percentage employment decrease. The Cleveland-Elyria-Mentor metro area lost 0.8 percent of its employment.
Bloomington, which lost 5 percent of its employment, had the largest percentage decrease of any metro area. Lawrence, Kan., was second at 4.4 percent and Panama City-Lynn Haven-Panama City Beach, Fla., was third at 3.6 percent.
Greater Cleveland has led metro areas in job loss on a monthly basis since May, when employment here decreased by 5,600 jobs compared with May from a year before. The June figure saw job losses at 5,700. And in July, the year-to-year comparison showed 4,500 fewer jobs.
Chosen excerpts by Job Market Monitor. Read the whole story at
via Greater Cleveland lost more jobs than any U.S. metro area for 4 months straight | cleveland.com.
Discussion
No comments yet.