Blogging on Employment and Job Markets in US Metro Areas

Monthly Archives: May 2017

Metro Area April 2017 Nonfarm Payroll Update

Of the nation’s 51 largest metro areas (those with populations of a million or more as of the 2010 census), this table shows the large metro areas with the top 10 year-on-year growth rates in nonfarm payroll employment as of April: For comparison, the national year-on-year growth rate of nonfarm payroll employment was 1.45% as… Read more »

Household Debt Update

The New York Fed released its Quarterly Report on Household Debt and Credit updated through the first quarter of 2017 accompanied by this press release. The NY Fed’s report includes this graph: The press release noted that “household debt reached $12.73 trillion in the first quarter of 2017 and finally surpassed its $12.68 trillion peak… Read more »

Metro Area Unemployment and Labor Force Changes

As a follow up to my recent post on March unemployment rates for large metro areas, this post will focus the change in labor force and unemployment rates. The labor force and unemployment figures shown are taken form this BLS news release. As in the previous post, this post will focus on the 51 largest… Read more »

Where New Grads Can Find a Roof and a Paycheck

Jed Kolko (Chief Economist at Indeed) and Ralph McLaughlin (Chief Economist at Trulia) look at job opportunities for new graduates and housing affordability: The bad news is that the local markets with the most opportunities for young grads are among the least affordable. The good news is that some lower-cost markets also offer numerous opportunities… Read more »

March Metro Area Unemployment Update

The BLS recently released March unemployment figures for metro areas, so let’s take a look, focusing on the nation’s 51 largest metro areas (those that had population of 1 million or more as of the 2000 census): Denver had the lowest unemployment rate at 2.4% (down from 3.6% as of March 2016), and is the… Read more »