American Cities Adding (or Losing) the Most Jobs

Print Email

The Cities That Lost the Most Jobs

10. New Haven, Conn.
> Employed pct. decrease: 1.88%
> Total employed decrease: 5,568
> Workforce: 318,539
> Unemployment rate: 9.0%

While the rest of the nation has recovered, New Haven’s unemployment rate has risen. As of October, the area’s unemployment rate was 9%, up from 8.5% the year before. In that same time, the U.S. unemployment rate fell from 8.9% to 7.9%. Several sectors in New Haven shed jobs in 2012, led by mining, logging and construction, as well as manufacturing. In October, there were an estimated 25,500 area manufacturing jobs, a 4.8% decline from the year before. Some manufacturers may still be looking to shed jobs. In December, aircraft engine maker Pratt & Whitney announced it was laying off 80 workers, partly due to falling demand.

9. Dover, Del.
> Employed pct. decrease: 1.89%
> Total employed decrease: 1,335
> Workforce: 74,387
> Unemployment rate: 7.0%

Although Dover’s unemployment rate fell to 7.0% in October from 7.2% the year before, the city actually lost jobs. Through October, the number of people employed in the area declined by about 1.9% from the year before. None of the major business sectors covered by the BLS’s Economy at a Glance for Dover experienced job growth in the 12-month period.

Also Read: The Best and Worst Run States in America, A Survey of All 50

 

8. Danville, Ill.
> Employed pct. decrease: 1.94%
> Total employed decrease: 637
> Workforce: 35,784
> Unemployment rate: 9.9%

Although Danville’s unemployment rate fell from 10.9% in October 2011 to 9.9% in October 2012, the area’s labor market is actually performing poorly according to a number of measures. Over the course of 12 months ending in October, Danville lost more than 600 jobs, while about 1,100 workers exited the area’s labor force. Overall, the number of area jobs declined by slightly less than 2%, while the number of area non-farm jobs declined by 2.7%. The only major business sector to experience job growth over this time was manufacturing, where there was a 5.8% increase in the number of jobs.

7. Rapid City, S.D.
> Employed pct. decrease: 1.95%
> Total employed decrease: 1,274
> Workforce: 66,829
> Unemployment rate: 4.2%

Rapid City’s unemployment rate in October was just 4.2%, lower than any other area losing a large number of jobs and one of the lowest rates in the nation. But Rapid City did not have job growth over the last 12 months. Almost 1,300 fewer people were employed in October 2012 versus the year before. According to the BLS, the only major sector that experienced job growth over the 12-month period was leisure and hospitality, which added just 300 jobs.

6. Hartford-West Hartford-East Hartford, Conn.
> Employed pct. decrease: 2.25%
> Total employed decrease: 12,645
> Workforce: 600,499
> Unemployment rate: 8.6%

The labor force in the Hartford area decreased by 12,500 between October 2011 and October 2012, faster than the drop in the area’s labor force.Companies such as healthcare giant Aetna, tool manufacturer Stanley Black & Decker, and equipment maker Ricoh recently cut many jobs in the area. Earlier this year, Northeast Utility laid off several hundreds of workers after it merged with NStar. Government jobs also contracted as local employees in the metro area faced layoffs due to continuing fiscal woes. Not all is bad, however. The largest employment sector, education and health services, increased headcount by a modest 2.5% to approximately 103,800 workers.