Special Report

29 American Cities Losing the Most Jobs


To identify the American cities losing the most jobs, 24/7 Wall St. ranked U.S. metropolitan statistical areas by the percent decline in total employment over the five years from August 2015 to August 2020. 

Employment (the number of people employed), the total size of the labor force (those working and looking for work), and the number of unemployed workers are all from the Bureau of Labor Statistics. The unemployment rate is also from the BLS and is as of August 2020. Employment by industry at the super sector level is also from the BLS, and five-year changes were calculated from August 2015 to August 2020. Population figures are from the U.S. Census Bureau’s American Community Survey and are through 2019. Median household income is for 2019 and is also from the ACS.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.