Tag Archives: Employment

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

U.S. Job Growth Came in at a Minuscule 0.03 Percent in January 2021 — Unemployment Dropped to 6.3 Percent from 6.7 Percent

The U.S. added a miniscule 49,000 net new jobs in January 2021 (0.03 percent gain from December 2020) based on seasonally adjusted data reported by the Bureau of Labor Statistics (BLS).  The previously reported December 2020 loss of 140,000 jobs was restated to a loss of 227,000.   The unemployment rate dropped from 6.7 percent in …Read more

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

State Job Growth & Loss Rates – November 2020

More than 60 percent of the states and the District of Columbia (32 out of the 51 total) added jobs from October to November based on seasonally adjusted job numbers as reported by the U.S. Bureau of Labor Statistics (BLS).  The first table shows the percentage change, ranked from best to worst.  While Hawaii posted …Read more

MSA Employment Metrics – October 2020

Jobs are everything to the economy.  Period. The latest summary metrics of employment as of October 2020 as reported by the U.S. Bureau of Labor Statistics (BLS) are included in the following tables.   Included are 380 Metropolitan Statistical Areas (MSAs) having monthly data and are based on seasonally adjusted employment numbers  allowing an apples-to-apples comparison …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