State & Metro logo

Blogging on Employment and Job Markets in US Metro Areas

Posts Categorized: Employment

West Coast Metro Areas – Employment Growth and Housing

Up and down the West Coast, recent conversations about housing usually include the word “crisis”, as a few Google searches will attest. During the current expansion, the supply of new housing has not kept pace with employment growth, which drives demand for housing. In a recent post, I compared nonfarm payroll (NFP) employment growth to… Read more »

2011 – 2016 Metro Area Employment Growth and Housing Permits

This is a follow-up to my earlier post on 2016 Metro Area Employment Growth and Housing Permits. Reader “MetroGuy” suggested that I look at the H/E ratio (ratio of housing units per increase in employment) over a longer period. So this post evaluates the H/E ratio over the current expansion, from 2011 to 2016. Some… Read more »

2016 Metro Area Employment Growth and Housing Permits

Update: a more recent post (dated March 24) covers metro area employment growth and housing permits for the 2011 to 2016 period. The Census Bureau recently released 2016 housing permit numbers for metro areas (click here), so I decided to compare employment growth to housing permits. The idea is to see how planned increases in… Read more »

Metro Area Job Growth in 2016

With the release of metro area nonfarm payroll employment figures for December, we can compare the rate of job growth over the course of 2016. The table below shows the top 10 rates of 2016 job growth for metro areas with populations greater than 1 million (as of the 2010 census), and the change in… Read more »

December 2016 Nonfarm Payroll Update

With the BLS release of December nonfarm payroll (NFP) numbers we can compare 2016 job growth to that of 2015. First, though let’s take a look at year-on-year (YoY) changes since 1990: While the economy continues to add jobs, the rate is slowing: 2.03 million in 2016 compared to 2.79 million in 2015. In percentage… Read more »

June 2016 Nonfarm Payroll Update

The release of June nonfarm payroll (NFP) numbers was greeted with headlines such as “Job Growth Surged in June.” Of course, that surge was in comparison to May. The month-on-month changes can be quite volatile, and for that I reason I prefer to look at year-on-year (YoY) changes. June’s NFP employment was up 2.5 million… Read more »