April 7th, 2009
01:00 PM ET
5 years ago

Cafferty: Willing to relocate to find a job?

 Join the conversation on Jack's blog.
Join the conversation on Jack's blog.

As millions of Americans pound the pavement looking for work, turns out they may have better luck finding a job in certain parts of the country than others.

No doubt the national unemployment situation remains bleak - with more than five million people losing their jobs since the beginning of 2008. Last month the unemployment rate jumped to 8.5 percent, the highest in 25 years.

But the Bureau of Labor Statistics shows that some places are faring better when it comes to jobs. A study of 372 metropolitan regions shows that 20 areas had unemployment rates below five percent in February: including Ames, Iowa; Manhattan, Kansas; Lincoln, Nebraska; Lubbock, Texas and Lafayette Louisiana.

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