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U

Term Definition
arrow Unemployment Rate

Indicator #10 in the 2009-10 CMSL. Due to the dramatic fluctuations in the unemployment rate over the last two years, research consultant Russell Signorino and VCR’s research staff figured the Unemployment Rate differently, for the 2009-10 publication, than has been done in past editions of the CMSL. Previously, VCR used Claritas estimates of point-in-time data from January 1 of the reporting year. The 2009-10 unemployment data was calculated from U.S. Census Bureau population data, and employment data from the Bureau of Labor Statistics (July, 2009, revised). The 2009 data was calculated using the Census Share Method to derive estimates of employment and unemployment data at the Zip code level. This method provides a more accurate and current portrait of unemployment in the St. Louis metropolitan area, but the methodology is not comparable to previous years’ methodology. In previous year’s editions of the CMSL, the Unemployment data was received from Claritas, Inc. and reported; no VCR calculation was made. The unemployment data captures only a point-in-time snapshot of the civilian labor force, age 16 and over, who did not have a job, had been looking for employment for the previous four weeks, and were available to start a job. Data Source: U.S. Bureau of Labor Statistics (July, 2009, revised)

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