Economic Health Performance Metrics
Measure and Definition
Actual |
Target |
Results |
Local Unemployment Rate
Local unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work. This includes persons actively looking for work in the prior 4 weeks by contacting an employer directly, having a job interview, sending out resumes or filling out applications.
| 5.50% | 5.00% | Q1 2021 |
Local Unemployment Rate
Local unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work. This includes persons actively looking for work in the prior 4 weeks by contacting an employer directly, having a job interview, sending out resumes or filling out applications.
| 5.50% | 5.00% | Q1 2021 |
Commercial Vacancy Rate
Percentage of vacant, leasable commercial space within the city. This is divided into three categories: Industrial, Office, and Retail. The category with the worst vacancy rate is displayed and that is the value compared to our target.
| 4.3% | 5% | Q1 2021 |
Hotel Occupancy
Rooms sold divided by rooms available multiplied by 100. Occupancy is expressed as a percentage of available rooms occupied. The hotel occupancy figures reported here are an average of the three months of the quarter.
| 53% | 70% | Q1 2021 |
Responsible Spending
The Financial Health Index provides an approximate assessment on the County’s overall financial health. The City operates in a fiscally responsible manner but some components that go into the Financial Health Index are influenced by outside economic conditions.
| 17 | 15 | 2020 |
Status Indicators: 
Proceeding as Anticipated | 
Monitoring Progress | 
Reviewing for Improvements
City of Metropolis
123 Main Street
Metropolis, NY 11111