American Cities Losing the Most Jobs

Print Email

Fairbanks, Alaska
Source: Thinkstock

10. Fairbanks, AK
> Employment decline:
-4.6%
> Number of jobs June 2012: 45,297
> Number of jobs June 2016: 43,195
> Unemployment rate June 2016: 5.6%

Many of the jobs lost in Fairbanks were in its largest sector, government. The number of area residents employed by the local government fell by 9.9% over the past four years, one of the largest contractions nationwide.

9. Elmira, NY
> Employment decline:
-4.8%
> Number of jobs June 2012: 37,121
> Number of jobs June 2016: 35,345
> Unemployment rate June 2016: 5.2%

The total number of jobs in Elmira fell by 4.8% over the past four years, while nationwide it grew by 7.6%. Many of the workers who lost or left their jobs were likely among the many residents moving out of Elmira. The metro area population fell by 2.5%, the eighth largest decline in the country.

Bloomington, Illlinois
Source: Thinkstock

8. Bloomington, IL
> Employment decline:
-4.9%
> Number of jobs June 2012: 96,541
> Number of jobs June 2016: 91,848
> Unemployment rate June 2016: 5.2%

While total employment in the U.S. grew by 7.6% over the past four years, it fell by 4.9% in Bloomington. The metro area’s professional and business services industry lost the most employees. Employment in the sector fell by roughly 1,500 workers.

Decatur, Alabama
Source: Wikimedia Commons

7. Decatur, IL
> Employment decline:
-5.4%
> Number of jobs June 2012: 48,935
> Number of jobs June 2016: 46,297
> Unemployment rate June 2016: 6.9%

Much of the employment decline in Decatur was likely due to workers leaving the metro area. The population decreased by 2.5% between 2012 and 2015, the sixth largest decline in the country.

I'm interested in the Newsletter
 

6. Casper, WY
> Employment decline:
-6.1%
> Number of jobs June 2012: 40,115
> Number of jobs June 2016: 37,649
> Unemployment rate June 2016: 7.7%

Casper is one of the only metro areas where the population grew over the last four years as the total number of jobs fell. While population growth is usually a strong indication of economic health, this may not be the case in Casper. The area’s unemployment rate rose from 5.0% of the workforce to 7.7%.