Jobs Remain Elusive in Many Metros

Only 16 of 384 metropolitan areas saw job increases over the last year, according to a new study.

The numbers were crunched by Moody's Economy.com and MSNBC.

"Of the nation's 384 metro areas, 205 had begun to recover, or 53 percent, according to the February Adversity Index. That's up from 185 metro areas in January, or 48 percent.

But the gains have been confined to manufacturing and housing, not employment."

Of the areas showing job growth, many are small communities or low-population areas like Ocean City, New Jersey, the Kennewick-Richland-Pasco area in Washington, and Bloomington, Indiana.

Full Story: Recovery? Most metro areas still losing jobs

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