The 2017 International Builders’ Show (IBS) marks my 26th consecutive year of attendance.
59 of 100 top metro areas have added jobs since 2009
Since June 2009, when the Great Recession officially ended, the United States has gained about 1.2 million jobs, mostly in the services sector; of the top 100 metros, 59 have added jobs overall, while 41 have lost jobs.
job market, economy, economic outlook
Since June 2009, when the Great Recession officially ended, the United States has gained about 1.2 million jobs, mostly in the services sector, according to MetroTrends. Of the top 100 metros, 59 have added jobs overall, while 41 have lost jobs.
The top 10 job-creating metros account for 38.5 percent of net U.S. job growth and include Houston (7.2 percent); Dallas (6.1 percent); Boston (6 percent); Phoenix (3.5 percent); Detroit (3.1 percent); Miami (3 percent); Nashville (2.7 percent); Pittsburgh (2.5 percent); Washington, D.C. (2.2 percent); and San Jose (2.1 percent).
In all these metros, the service sector is the main source of job growth, said MetroTrends. For example, most of Houston’s gains have come from increases in both professional and business services and education and health services. Boston’s growth stems mainly from large increases in education and health services jobs. And in D.C., government, professional and business services, and education and health services jobs have offset losses in goods producing, leisure and hospitality, and information jobs.
To read the MetroTrends blog, click here.