OKlahoma City - tops in the lowest unemployment rate in the country

By
Real Estate Agent with By The Sea Realty, Lauderdale-by-the-Sea, FL 33308 954-610-4186

The US Labor Department has reported the top cities ending in 2009 with the lowest unemployment rates of cities with over 1 million population in the Metro area. The top six cities are:

  1. Oklahoma City         6%
  2. Washington DC        6.2%
  3. New Orleans             6.8%
  4. San Antonio             6.8% 
  5. Austin                     6.9%
  6. Virginia Beach          6.9%

The cities with the highest rates were Detroit at 16.9% and Riverside, CA at 16.0%. There were 17 additional cities with unemployment rates of 10.0% or greater.

I would think this is good news for Oklahoma City real estate as we head into the new year.

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This information is provided to help educate anyone interested in the NW Oklahoma City metro area market.

Please call if you have any questions related to real estate services. I will be happy to try and answer any questions.

Tom Hall

Allied Inc., Realtors - Oklahoma City - 405-812-4886 

 

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Notice how they are all Southern cities, except for D.C., which has politics going for it. There's something about we Southern folks....

Stop by the ActiveRain Super Bowl Party if you get a chance. Geaux Saints!

February 07, 2010 05:28 AM
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Joe Pryor
REALTOR® - Oklahoma Investment Properties
Redbud Realty

6% is still too much, but some cities would have a day long celebration for this number.

February 27, 2010 09:53 AM
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