Most U.S. Cities Suffer Job Losses

September 12, 2012 Updated Sep 12, 2012 at 8:32 AM EDT

By WKBW News

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September 12, 2012 Updated Sep 12, 2012 at 8:32 AM EDT

BUFFALO, NY (WKBW) - A new jobs report is out. It shows that four-fifths of the nation's major metro areas have not returned to pre-recession employment levels. Researchers with On Numbers say the recession officially began in December 2007.

Out of 102 U.S. markets, with populations over 500,000, 81 have less private sector jobs than five years ago.

Los Angeles saw the biggest drop, losing 355,000 private sector jobs.

Only 21 areas have managed to surpass 2007 figures. And Buffalo is one of them.

Researchers say Houston tops the list for job growth in the past five years, adding more than 114,000 private sector jobs. Several other Texas metros follow: Austin, Dallas-Fort Worth and San Antonio at number four.

Jump down the list and Buffalo ranks 18th, with 1,000 new jobs in the past five years.

You can get more details in Friday's Business First or at http://www.bizjournals.com/bizjournals/on-numbers/scott-thomas/2012/09/most-markets-remain-below.html.

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