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MSA Jobs Box Score – September 2020

A normal jobs report would look at 1-month and 12-month changes jobs and call it a day.   In the pandemic landscape of today, however, the focus is on how many jobs were lost initially and how well the...

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Pandemic Job Recovery Progresses — 12 million Recaptured of the 22.2 million...

The economy continues to claw back from the economic punch of the pandemic, with 638,000 jobs recaptured in October on a seasonally adjusted basis as reported by the U.S. Bureau of Labor Statistics...

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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...

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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....

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U.S. Jobs Report Nov 2020 – 12.3 Million Lost Jobs from Pandemic Recovered,...

The U.S. brought back 245,000 jobs in November, the lowest rate of gain since the 22.2 million plunge in jobs from March to April according to the U.S. Bureau of Labor Statistics (BLS).  The November...

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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...

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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...

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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...

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U.S. Job Growth Came in at a Minuscule 0.03 Percent in January 2021 —...

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...

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Tale of Two Cities — The Varying Economic Impact of the Pandemic

Who knew when reading Charles Dickens’s Tale of Two Cities in high school or college that parts of this classic text were prophetic regarding the impact of the 2020 COVID pandemic?  Just as with the...

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Existing Home Sales Remained Up in March Year-Over-Year, But Cooled from the...

Existing home sales rose an impressive 12.3 percent in March compared to 1-year ago, but cooled slightly, dipping 3.7 percent from this February on a seasonally adjusted annualized rate (SAAR) of 6.01...

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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...

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U.S. April 2021 Jobs Report Falls Short of Expectations, Unemployment Rises

Lofty expectations by economists and government officials called for a strong and robust April jobs report from the U.S. Bureau of Labor Statistics (BLS), including: ADP’s forecast of 772,000 job...

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May 2021 State Job Metrics in a Recovering Pandemic Landscape

Yesterday this Blog discussed state employment metrics for May 2021.  See https://blog.stewart.com/stewart/2021/06/28/may-2021-state-job-metrics-in-a-recovering-pandemic-landscape/ Today the same...

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The Most and Least Educated States and Implications for Earnings and...

The same degrees from differing colleges and universities, just as all students from a given school with the same degree, are not equal.  Every college, university, course, person, employer and locale...

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Employment Report June 2021 — Best Job Gains in 10-Months, Recovery Continues...

The U.S. added 850,000 nonfarm payroll jobs in June 2021 according to the U.S. Bureau of Labor Statistics (BLS). Most jobs added monthly since August 2020 when 1.583 million jobs were brought back from...

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U.S. Unemployment by State — Benefits, Status and Implications

Want to know why we still have high unemployment despite a record number of job openings?   Just read to the end. Jobs Are Everything Jobs are everything to the economy and the ultimate source of...

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U.S. Added 943,000 Net New Jobs in July 2021 — Best Monthly Growth Since...

The U.S. added 943,000 net new jobs in July 2021 on a seasonally adjusted basis, the best gain seen since August 2020 according to the U.S. Bureau of Labor Statistics (BLS). This was slightly better...

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State Job Growth Rates July 2021 – Still Just Only Two States Recovered to...

Jobs are everything to the economy and ultimately effective demand for real estate of all types.  Despite all-time record stimulus spending, there are still just two states, Utah and Idaho, with more...

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Metro Employment Data July 2021 — 32 MSAs Recovered, 348 to Go…..

Jobs are everything to an economy and the ultimate effective demand for real estate.  When the Pandemic broke out in March 2020, the immediate effect was the loss of 22.4 million jobs in the next 60...

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