Unemployment still high in cities
The national job market continued to falter in large metro areas for the latter part of 2009 and into 2010, according to “U.S. Metro Economies: Pace of Economic Recovery: GMP and Jobs,” released in January by the Washington-based U.S. Conference of Mayors (USCM). The U.S. unemployment rate will peak in the first quarter of 2010, averaging 10.2 percent between January-March, up from 4.9 percent just two years earlier, according to the USCM report. Metro areas in the West, Southeast, and Upper Midwest saw the highest unemployment rates in the country, while cities in the Plains and Mountain regions were more insulated from the worst of the recession and saw less unemployment, according to the report.