Tag Archives: COVID-19

Tough Jobs Report — December 2020

Jobs are everything to the economy and ultimately to the demand for real estate.   Following the pandemic plunge when 22+ million jobs were lost in March and April, the U.S. followed with seven consecutive months of job gains recouping 12.3 million (55.6 percent) of the lost jobs.  Until now.   December saw an estimated 140,000 net …Read more

MSA Job Metrics – November 2020

Jobs are everything to the economy and to the ultimate demand for real estate.  Period.  U.S. job numbers have been on a wild roller coaster ride since the pandemic, with the country still shy 9.8 million jobs when compared to February of this year.  The loss and recovery rates of jobs have not been uniform …Read more

MSA Jobs Box Score – September 2020

A normal jobs report would look at 1-month and 12-month changes jobs and call it a day.   In the pandemic landscape of today, however, the focus is on how many jobs were lost initially and how well the recovery is going.  The underlying data are reported monthly by the U.S. Bureau of Labor Statistics (BLS), …Read more

State (and D.C.) Jobs Box Score – September 2020

The U.S. continues to recapture jobs lost at the onset of the pandemic in March and April, but that recovery is slowing and unequal across the geographic landscape.   Seasonally adjusted job numbers by state, as reported monthly by the Bureau of Labor Statistics (BLS), found that 40 states added jobs from August to September, 10 …Read more