Is it any surprise that among metro areas with populations above 1,000,000, Washington DC has the lowest unemployment rate? The Wall Street Journal reports:
Among metro areas with populations over one million, Las Vegas had the highest jobless rate at 14.5% and Washington, D.C. and surrounding suburbs had the lowest at 6.4%.
That’s funny, because as my friend Carson is fond of saying, Washington DC doesn’t actually produce anything.
Vegas is of course a city built on easy credit and good times, so it’s going to take it right in the chin during times like these.
To see how your city ranks against others on the unemployment index, you can check out unemployment rates by metro area here.
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