03-19-2008, 02:32 PM
From the Birmingham Business Journal:
Looks like Birmingham-Hoover MSA is doing great.
Quote:Amid a slowing economy in the U.S. homefront, the Birmingham-Hoover metro area continues to hold its own with the second lowest unemployment rate in the country.
The Birmingham-Hoover region - a total of 102 cites across seven counties - posted a 3.9 percent jobless rate in January, behind the Washington, D.C.-Arlington-Alexandria area, which reported 3.5 percent, according to the U.S. Bureau of Labor Statistics.
Birmingham-Hoover tied with the Austin-Round Rock, Texas region, which also reported a 3.9 percent jobless rate, out of 49 metro areas with a census 2000 population of 1 million or more.
The Detroit-Warren-Livonia, Mich., area continues to record the highest unemployment rate of 8.2 percent.
Overall, unemployment rates were higher in January than a year earlier in 234 of the 369 metropolitan areas and lower in 111 areas.
Looks like Birmingham-Hoover MSA is doing great.