How does Long Island stack up on umeployment rates nationwide? Not too shabby,
according to the latest federal data.
As reported, the Island’s unemployment rate inched up to 3.6 percent in the 12 months ended in October, compared with 3.2 percent a year go. At less than four percent, that rate is still considered full employment.
By contrast, Idaho Falls, Idaho, had the country’s lowest jobless rate at 1.3 percent in the same reporting period. And Pocatello, Idaho, had the second-lowest rate at 1.9 percent.
A total of 152 metro areas, including LI, reported unemployment rates below four percent.
At the other end of the spectrum, El Centro, Calif. an agricultural area, had the nation’s highest jobless rate at 20.3 percent. Yuma, Ariz., also agricultural, had the second highest rate, at 13.6. percent. The nation’s overall employment rate rose to 4.4 percent from 4.1 percent a year ago.
For more on nationwide unemployment rates go to:
http://www.bls.gov/news.release/metro.t01.htm