Unemployment falls below 7 pct. in most U.S. cities
WASHINGTON – Unemployment rates fell below 7 percent in a majority of U.S. cities in November, suggesting steady job gains are benefiting most parts of the country.
The Labor Department says rates fell in November from October in 215 of the 372 largest metro areas. Rates were unchanged in 33 and rose in 124.
Rates dropped below 7 percent in 192 cities. That's the first time since the recession ended that more than half of large cities had rates below that threshold. The department says 52 areas had rates below 5 percent.
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