Tag Archives: Job Growth

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

Initial Unemployment Claims – Improving But Still Ugly

Jobs are everything to the economy.  Period.   While the U.S. lost 22.4 million jobs in March and April 2020, they have yet to recoup 8.2 million.  Unfortunately, employment numbers are released just once a month based on the Bureau of Labor Statistic’s Payroll or Establishment Survey.  That survey asks employers to report employee counts for …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

Jobs Report – U.S. Metros February 2021

Jobs continue to be recovered since the plunge seen at the onset of the pandemic in 2020.   Though the U.S. recouped another 379,000 jobs in February 2021 nationwide, there still remains 9.47 million yet to be brought back.   The recovery rate of jobs, however, differs across the country.   Various metrics for 380 of the Metropolitan …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

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