The American City With 17.2% Unemployment

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By Douglas A. McIntyre Published
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The American City With 17.2% Unemployment

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The Bureau of Labor Statistics continues to release positive news about America’s workforce. In June, the national jobless rate was 3.8%, compared to 6.1% in the same month in 2021.

The BLS also releases unemployment by state and 389 metros. In June, the figure was better in 288 of these, according to the METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT — JUNE 2022 report.

When looked at through another prism, the figures were even better. A total of 189 metros had jobless rates below the national number.

The range of unemployment across the cities measured was considerable. In Portsmouth, New Hampshire, the figure was 1,8%, which means nearly everyone has a job. At the high end, the unemployment rate in Yuma, Arizona, was 17.2%.
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Only one other metro in America had double-digit unemployment in July. The figure in El Centro, California, was 13.0%.

The Census Bureau shows a population of 97,093 for Yuma City. Of these, nearly 60% are Hispanic or Latino. The city is poor by other measures. The median home value is only $152,400, which is sharply below the national average. Median household income is also low at $52,183.
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Yuma’s jobless rate has been well above the national average for years. Agriculture is among the largest industries. The U.S. Drought Monitor shows it is in a drought-stricken area. That means the industry is likely to be crippled. The huge Colorado River, which provides water for much of the southwest United States, has started to dry up. It enters the Gulf of California near Yuma.
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Yuma is among a small number of cities in the United States that will never have a low jobless rate. It sits in a part of the country where there is evidence of America’s greatest problems.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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