Economic Development Futures Journal

Monday, June 09, 2003

counter statistics

U.S. Cities Losing Jobs

The 20 largest metropolitan areas in the United States lost 1.15 million jobs in 2001 and 2002, according to a report released Saturday by the U.S. Conference of Mayors.

The cities, which generate 80 percent of the nation's employment, income and goods and services, accounted for 91.6 percent of all job losses in the country, according to the report released at the mayors' annual meeting in Denver.

The report said that unemployment and sluggish economic growth in metropolitan areas, the nation's economic engine, affected the country's overall recovery.

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