Unemployment rate giving you the blues? Try these top five cities for jobs.

Here are five large metro areas with the lowest unemployment rates and where unemployment is down at least half a percentage point over last year:

By , Staff writer

2. Virginia Beach-Norfolk-Newport News, Va.: 7.0% unemployment

  • close
    Norfolk, Va., best known for the Norfolk Naval Base, the biggest employer within 50 miles, shows its love for all things nautical every year at the annual weekend-long Harborfest celebration, featuring this 'parade of sails,' seen June 10.
    View Caption

OK, 7 percent unemployment is only "good" compared with just about everywhere else in America. But it's good enough to put this area near the top of the job-market pack. The catch: Perched along beautiful coastal scenery, the metro area stretching from Norfolk to Newport News has an economy built heavily on the defense sector.

That's been a stabilizing force throughout the recession and its aftermath, as Navy bases and defense contractors work to help US forces deploy overseas. But looking forward, a pullback from Afghanistan and tighter federal budgets (including for the military) could put a squeeze on this region's job market.

2 of 5

Read Comments

View reader comments | Comment on this story

Loading...

Loading...

Loading...