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Detroit area jobless rate tops 17%
NEW YORK (CNNMoney.com) -- The Detroit metropolitan area held its position of having the highest unemployment rate among major U.S. cities, with the rate surging more than 2 percentage points to above 17%, the government reported Wednesday.
The jobless rate in the Detroit-Warren-Livonia metropolitan area rose to 17.1% last month from 14.9% in May. It was the highest of 49 urban centers with more than 1 million inhabitants in the Labor Department report.
The Detroit area also suffered the largest year-over-year increase in unemployment of any major urban center. The rate is up 8.1 percentage points from 9% in June 2008.
Source : CNN.com