BLS: Atlanta, Louisville and Pittsburgh Lead in Monthly Metro Job Growth (state, population)
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I don't normally pay attention to month-over-month data but given the current state of affairs, it's very important to see what the latest numbers are.
Just by looking at this, I get the sense that Mar-Apr numbers are going to be brutal.
Until then, Atlanta leads the nation in job growth.
Feb 2020-March 2020 Metro Area Job Growth
+5,600 Atlanta
+3,800 Louisville
+2,200 Pittsburgh
+700 Denver
+700 Indianapolis
+700 Memphis
+100 Omaha
+100 Portland
Nashville No Change
-300 Grand Rapids
-300 Raleigh
-800 Salt Lake City
-1,600 Hartford
-2,100 Charlotte
-2,300 St Louis
-2,400 Oklahoma City
-2,800 Columbus
-3,100 Las Vegas
-3,200 Kansas City
-3,500 Orlando
-3,500 Sacramento
-3,600 Cincinnati
-3,600 Cleveland
-3,900 Milwaukee
-3,900 Philadelphia
-4,000 Baltimore
-4,000 Seattle
-4,300 New Orleans
-5,100 Richmond
-5,100 Tampa
-5,300 Providence
-5,500 Jacksonville
-5,500 Riverside
-6,500 Phoenix
-6,800 San Antonio
-6,900 Austin
-6,900 San Jose
-7,000 Washington
-7,100 Miami
-8,200 Houston
-8,500 Detroit
-9,100 Boston
-10,100 San Diego
-12,100 Minneapolis
-14,700 San Francisco
-17,700 Chicago
-25,700 New York
-28,800 Dallas
-48,400 Los Angeles
I’d be more interested to see these as a percentage as opposed to raw numbers. It looks like LA, Dallas, Chicago, and NY are absolutely BLEEDING jobs, but in reality, they’re in the top 10 in metro population.
I'm thankful that Albuquerque is on the plus side in this measurement, even if barely. It added 100 jobs.
I also looked at a few other cities which are usually considered peers of Albuquerque to see how we're doing comparitively:
Colorado Springs added 900 jobs
Boise added 600 jobs
Omaha added 100 jobs
Tulsa lost 200 jobs
Wichita lost 200 jobs
Spokane lost 300 jobs
Fresno lost 400 jobs
Reno lost 500 jobs
Bakersfield lost 800 jobs
El Paso lost 800 jobs
Tucson lost 1,800 jobs
I don't normally pay attention to month-over-month data but given the current state of affairs, it's very important to see what the latest numbers are.
Just by looking at this, I get the sense that Mar-Apr numbers are going to be brutal.
Until then, Atlanta leads the nation in job growth.
Feb 2020-March 2020 Metro Area Job Growth
+5,600 Atlanta
+3,800 Louisville
+2,200 Pittsburgh
+700 Denver
+700 Indianapolis
+700 Memphis
+100 Omaha
+100 Portland
Nashville No Change
-300 Grand Rapids
-300 Raleigh
-800 Salt Lake City
-1,600 Hartford
-2,100 Charlotte
-2,300 St Louis
-2,400 Oklahoma City
-2,800 Columbus
-3,100 Las Vegas
-3,200 Kansas City
-3,500 Orlando
-3,500 Sacramento
-3,600 Cincinnati
-3,600 Cleveland
-3,900 Milwaukee
-3,900 Philadelphia
-4,000 Baltimore
-4,000 Seattle
-4,300 New Orleans
-5,100 Richmond
-5,100 Tampa
-5,300 Providence
-5,500 Jacksonville
-5,500 Riverside
-6,500 Phoenix
-6,800 San Antonio
-6,900 Austin
-6,900 San Jose
-7,000 Washington
-7,100 Miami
-8,200 Houston
-8,500 Detroit
-9,100 Boston
-10,100 San Diego
-12,100 Minneapolis
-14,700 San Francisco
-17,700 Chicago
-25,700 New York
-28,800 Dallas
-48,400 Los Angeles
As I have been saying, prior to Covid Louisville has been booming! Glad to see it finally showing in more metrics. That said, Louisville will fall off this list very fast due to massive massive job losses in the last 30 days. Every week 1000 jobs seem to be gone.
Seattle was absolutely on fire it was so hot economically before the virus hit- there are still lots of jobs here that people are moving here to take, but these are in the tech sector that is not hit much by all of this.
The losses are as you'd expect, in the more minority portion of our job market- restaurants, retail, entertainment, and the travel industry.
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