Despite the solid payrolls data for December, there was a clear softening in employment growth in several large metros. But those that have performed the best since the pandemic continue to outperform, with Tampa and Dallas still doing well. The picture for office jobs is more downbeat, with the majority of metros seeing a month-on-month decline in December and there is worse to come, thanks to the large numbers of tech layoffs as well as cuts to banking and brokerage teams.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services