“The U.S. economy added roughly 2.4 million jobs over the past year. Over the same period, the unemployment rate fell from 5.0% to 4.9%, close to the lowest it has been in nearly a decade. The 1.7% employment growth nationwide was not uniform, and some areas lost a substantial share of jobs. To determine the cities that lost the most jobs, 24/7 Wall St. analyzed employment data from the Bureau of Labor Statistics. Most cities added jobs in past 12 months, and most have posted unemployment declines. In 75 metro areas, however, there was a net loss in total employment. The Lafayette, Louisiana metro area had the most job loss, with total employment falling by 4.5% since October 2015. Click here to see the American cities losing the most jobs this year.”
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