The Minneapolis metropolitan area has the largest ratio of residents working than any other large U.S. metro area, according to the Bureau of Labor Statistics.
The BLS reported that Minneapolis has an unemployment rate of 4.7 percent, according to preliminary data for May 2013.Memphis, Tenn. had the highest unemployment rate with 9.5 percent of residents reporting they were jobless.
For the entire list and more information go to the Bureau of Labor Statistics website at www.bls.gov.
Unemployment Rates for Largest U.S. Metropolitan Areas
1. Minneapolis, Minn. 4.6 percent
2. Oklahoma City, Okla. 5 percent
3. Seattle, Wash. 5.2 percent
4. Austin, Texas 5.4 percent
5. Birmingham, Ala. 5.5 percent
6. Washington, D.C. 5.6 percent
7. Columbus, Ohio; Richmond, Va.; San Francisco, Calif. 6 percent
10. Boston, Mass.; Virginia Beach, Va. 6.1 percent
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Lindsay Machak is an assistant editor with Multifamily Executive magazine. Follow her @LMachak to start a conversation.
