Study: FW, Kokomo among cities with fastestgrowing unemployment
Oct 03, 2024
A new study shows Kokomo and Fort Wayne are among cities with the fastest-growing unemployment in America.
Work management experts Asana analyzed data from the U.S. Bureau of Labor Statistics on the unemployment rate in nearly 400 metro areas across the country. Kokomo has the fastest-rising unemployment rate over the last five years, while Fort Wayne has the second-fastest.
The rate in July 2019 was compared with July 2024. Each metro area was ranked based on the most significant percentage increase over the period to reveal the spots with the fastest-rising unemployment rates.
Metro areas with the fastest-rising unemployment rates over the last five years
Rank
Metro area
State
Unemployment rate July 2024
Unemployment rate July 2019
Percentage difference
1
Kokomo
Indiana
7%
3.9%
79.49%
2
Fort Wayne
Indiana
5.9%
3.4%
73.53%
3
Greeley
Colorado
4.4%
2.6%
69.23%
4
Spartanburg
South Carolina
5.2%
3.1%
67.74%
5
Boulder
Colorado
4%
2.4%
66.67%
6
Columbus
Indiana
4.3%
2.6%
65.38%
7
Fort Collins
Colorado
3.8%
2.3%
65.22%
8
Hilton Head Island-Bluffton-Beaufort
South Carolina
4.9%
3%
63.33%
9
Greenville-Anderson-Mauldin
South Carolina
4.7%
2.9%
62.07%
10
San Jose-Sunnyvale-Santa Clara
California
4.5%
2.8%
60.71%