Bloomberg by the Numbers: 13%

Commuters at Grand Central Terminal in New York.

Photograph by Ron Antonelli/Bloomberg

Commuters at Grand Central Terminal in New York.

Thirteen percent of U.S. metropolitan areas had an unemployment rate below 5 percent in February.

Of the 372 metropolitan areas, 49 had a jobless rate below that threshold, according to the Labor Department.

“Companies across the U.S. from Texas to Virginia and Nebraska are struggling to fill positions with metropolitan jobless rates below the 5.2 percent to 5.6 percent level the Federal Reserve regards as full employment nationally,” Bloomberg’s Steve Matthews reported.

“Competition for workers is prompting businesses to raise wages, increase hours for current employees, add benefits and recruit from other regions,” he wrote.

The unemployment rates ranged from 2.8 percent in Houma-Bayou Cane-Thibodaux, Louisiana, where oil exploration in the Gulf of Mexico is key to the local economy, to 22.9 percent in Yuma, Arizona, Labor Department statistics show.

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