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Category Archives: Quarterly Briefs
Northern California Boosted by Silicon Valley, Anchored by Government
Strong expansion by Silicon Valley’s high tech industries is helping to revitalize the Northern California economy. Hiring remains strong amongst major software firms. General Electric is not usually associated with Silicon Valley, but soon will be. The company is building … Continue reading
Posted in California, Northern California, Quarterly Briefs
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Detroit Finds Breathing Room but Faces Challenges
The Detroit metro area economy is stabilizing with the help of increasing auto sales and an upsurge in auto production. U.S. auto sales were at a 14.3 million unit pace in March and are expected to continue to climb through … Continue reading
Posted in Detroit, Michigan, Quarterly Briefs
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Central West Michigan Benefits from Manufacturing Boost
Central West Michigan’s unemployment rate of 6.9 percent in February is well-below the February state-wide rate of 8.8 percent, as well as the March national rate of 8.1 percent. And while Ann Arbor maintains the lowest unemployment rate of the … Continue reading
Posted in Central West Michigan, Michigan, Quarterly Briefs
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Miami Stirring, Driven by Multifamily Boom
Miami labor markets were hit hard by the most recent recession, but have recovered slightly better than the national average. 2011 Miami payroll employment grew 1.6 percent, compared to 1.2 percent nationally. Miami’s February unemployment rate of 9.6 percent is … Continue reading
Posted in Miami, Quarterly Briefs
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Phoenix Rises from the Ashes
Phoenix’s unemployment has been gradually drifting lower over the past quarter, down to 7.7 percent as of February. This puts the area’s unemployment rate slightly below the national rate of 8.1 percent as of March. Payrolls in Phoenix have also … Continue reading
Posted in Phoenix, Quarterly Briefs
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San Antonio Spurred By Energy Growth
After cooling somewhat over the second half of 2011, the San Antonio labor market is poised to show strong gains in early 2012. San Antonio’s February unemployment rate of 6.7 percent is 1.4 percentage points below the nation’s March level. … Continue reading
Posted in Quarterly Briefs, San Antonio
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Austin Expands Its Limits
After trending around 7.0 percent annually from 2009-2011, the Austin unemployment rate fell to 6.1 percent in February 2012. Austin’s February unemployment rate is 2.1 percentage points below the March national rate of 8.2 percent. The drop in unemployment is … Continue reading
Posted in Austin, Quarterly Briefs
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Good Start to 2012 for North Texas
Job growth in the Dallas-Fort Worth metroplex accelerated in early 2012, bringing the area’s unemployment rate down to 6.9 percent in February. This is the area’s lowest unemployment rate since January 2009, and still well below the U.S. rate of … Continue reading
Posted in General, Quarterly Briefs
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Houston Rides the Energy Wave
Houston continues to add jobs and new enterprises at a robust clip, fueled by very active global energy markets. Recently higher oil prices have added to the push for petroleum. Very low natural gas prices are the flip side of … Continue reading
Posted in Houston, Quarterly Briefs
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Phoenix Growing, But Housing Still A Drag
Since peaking at 9.8 percent in November 2009, Phoenix unemployment has gradually trended lower, falling nearly two percentage points to 7.9 percent in November 2011. This compares with a U.S. November unemployment rate of 8.7 percent. Payroll employment in Phoenix … Continue reading
Posted in Phoenix, Quarterly Briefs
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