Tag Archives: COVID-19 Coronavirus

Mirror Mirror on the Wall, Which Metros are the Most Economically Recovered of All — From the Pandemic, that is, as of April 2021

Yesterday this blog talked about state employment levels using fairy tale rhetoric.  Today that discussion rachets down the to the Metropolitan Statistical Area (MSA) level.  Reiterating from yesterday, imagine if the past 14 months had just been a bad fairy tale rather the most severe global pandemic in more than 100 years.   But, that is …Read more

MSA Job Performance Metrics March 2021

Jobs are everything to the economy and the ultimate demand for real estate.  While the pandemic saw 22.4 million jobs disappear from February to April 2020, all but 8.4 million of those job numbers have been brought back in one form or another.  The recovery, however, is neither uniform nor consistent across the country. The …Read more

State Job Growth Rates February 2021

The U.S. continued recouping jobs lost a year ago at the onset of the pandemic, with 30 states posting jobs gains from January to February 2021 on a seasonally adjusted basis based on data from the U.S. Bureau of Labor Statistics.  Six states posted no change in jobs from January to February while 14 states …Read more

State Employment October 2020 — Still coming Back

Jobs are everything to the economy.  Period. The U.S. lost 22+ million jobs from February (pre-pandemic) to the trough, which was April for the country as a whole.  Good news is jobs are continuing to come back.   Bad news is there are still 10 million jobs missing as of October compared to February of this …Read more

Pandemic Job Recovery Progresses — 12 million Recaptured of the 22.2 million Lost, Unemployment Rate Sinks to 6.9% October 2020

The economy continues to claw back from the economic punch of the pandemic, with 638,000 jobs recaptured in October on a seasonally adjusted basis as reported by the U.S. Bureau of Labor Statistics (BLS).   There still remains 10.1 million jobs yet to be brought back out of the 22.2 million lost from February 2020 (pre-pandemic) …Read more

July 2020 Jobs Report: 1.763 Million Jobs Recovered in July, 9.3 Million Total Since Coronavirus, 12.9 Million Yet to Go

Following the economic and humanitarian Coronavirus catastrophe, the U.S. hemorrhaged 22.16 million jobs from the February 2020 peak.   Including the 1.763 million jobs recovered in July, 9.729 million jobs have come back, but 12.88 million yet remain.  Other good news in July was the drop in the unemployment rate to 10.2 percent from 11.1 percent …Read more

MSA & Division Job Performance — February to June 2020

The last time normal was observed in economic terms this year was February 2020, prior to the onslaught of Coronavirus.  All markets — Metropolitan Statistical Areas (MSAs) and Divisions —  lost jobs following the surge of virus across the country, and most have recovered some of the lost jobs according to data from the U.S. …Read more