Many Cities Still See Long Road to Full Jobs Recovery

By Ray Pinard | July 1, 2013

Here’s an interesting article from USA Today by Tim Mullaney, republished on the Friends of the U.S. Chamber of Commerce website. 

More than half of all U.S. metro areas won’t regain the jobs lost in the recession until the second half of 2015 or later, an analysis for the U.S. Conference of Mayors says.

Less than a third of U.S. cities and their surrounding suburbs have recovered all the jobs lost since the arrival of the financial crisis. Of 363 U.S. metros, 98 now have more workers than at their pre-recession peak, with an additional 11 slated to join them by the end of the year, according to projections by IHS Global Insight, which compiled the data.

Sixty-one metros won’t see a full recovery until 2021 or later.

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