January, 2015
Garner Economics, LLC provides innovative economic development solutions in a competitive global market.
Garner Economics serves companies, communities and organizations globally. Our services and expertise include location advisory, analytical research, industry sector targeting, strategy formulation and organizational analysis -  all designed to achieve success for our clients. Garner Economics is based in Atlanta, GA and has representative offices in both Europe and Asia.

 

"We had Garner Economics conduct

a labor analysis for a shared service

project looking at communities

in Georgia. The information they

provided convinced the company

that our labor force was available,

affordable and had the skills. The

work done by the Garner Economics

team was outstanding."

 

- Patrick J. Topping, CEcD - SVP

Macon (GA) Economic Development Commission

 

Which U.S. metros currently have the strongest labor markets?

 

In this brief we examine labor force and unemployment rate changes for 372 U.S. metropolitan areas between November 2013 and November 2014 as reported by the U.S. Bureau of Labor Statistics.

The strong performance of the national economy in 2014 helped drive the national unemployment rate down from 6.6 percent in November 2013 to 5.5 percent in November 2014. Most U.S. metro areas have benefitted from the improved national situation. The Bureau of Labor Statistics (BLS) reports that, from November 2013 to November 2014, unemployment rates declined in 344 of the nation's 372 metro areas (92 percent).

 

However, in many of these regions the lower unemployment rates have been a function of declining labor forces, rather than strong job growth. During the same 12-month period, the size of the civilian labor force increased in just 233 metro areas (63 percent). See how your MSA ranks and the full report by clicking here.

 

Garner Economics, LLC
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