May 2025-May 2026 Metro Area Job Growth

[UrbanRevival]

Originally Posted by Gantz

Again, the job growth was declining by over a million for every year since post covid 2021. 2026 was the first year job growth was not declining. 2026 was the first year that broke the trend.

https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth

I understand your overall point about directionality of growth, but the macro picture is we're likely just now beginning a much broader and longer period of unprecedented job stagnation.

Outside of aging Boomers (healthcare jobs), AI infrastructure (likely to bump up construction/engineering jobs, at least temporarily), and increased defense spending, everything else is only treading water or in decline.