May 2025-May 2026 Metro Area Job Growth

[TempleGuy1000]

The jobs report this morning is disastrous. The last two months revised down and a net loss of 23,000 private-sector jobs in July. Decreasing wage growth, hundreds of thousands leaving the workforce.

Job losses in July and negative revisions reveal a weakening U.S. labor market

[SFUVancouver]

Originally Posted by TempleGuy1000

The jobs report this morning is disastrous. The last two months revised down and a net loss of 23,000 private-sector jobs in July. Decreasing wage growth, hundreds of thousands leaving the workforce.

Job losses in July and negative revisions reveal a weakening U.S. labor market

Something stood out to me in that article:

The BLS said employment contracted the most in “local government education,” which declined by 50,000 roles, likely reflecting teachers during summer break.

If I've understood this correctly, are teachers considered unemployed during summer months? Notwithstanding retirements at the end of the preceding school year and onboarding of new teachers on the eve of the next one, shouldn't those who remain teachers be counted as 'employed' throughout the summer?

[mhays]

Good question. But summer also means summer jobs for a gigaton of students, which seems likely to be a net positive for the overall number (if things were going well).

[craigs]

The report notes: "The BLS said employment contracted the most in “local government education,” which declined by 50,000 roles, likely reflecting teachers during summer break."

To me, that would suggest that 50,000 teachers who are on break are considered unemployed — but that's a small minority of teachers. Gemini estimates that there are currently some 3.8 to 4.1 million K-12 teachers in the US.

[iheartthed]

Originally Posted by SFUVancouver

If I've understood this correctly, are teachers considered unemployed during summer months? Notwithstanding retirements at the end of the preceding school year and onboarding of new teachers on the eve of the next one, shouldn't those who remain teachers be counted as 'employed' throughout the summer?

Teachers typically do not/cannot collect unemployment during summer breaks, but this could vary by state and district. I think overall teachers typically are not able to though.

[chimpskibot]

Originally Posted by craigs

The report notes: "The BLS said employment contracted the most in “local government education,” which declined by 50,000 roles, likely reflecting teachers during summer break."

To me, that would suggest that 50,000 teachers who are on break are considered unemployed — but that's a small minority of teachers. Gemini estimates that there are currently some 3.8 to 4.1 million K-12 teachers in the US.

According to chief economist Anna Wong at bloomberg this was a significant decline and is the result of softening home demand and cooling or reversion of home prices making it difficult for municipalities to raise funds for teaching staff. Rural and Suburban local govt continue to be strained by increasing borrowing costs, inflation and infrastructure costs. One of the best, wealthiest and highest taxed school districts in NJ is currently facing a $5.5 million budget shortfall.

https://www.youtube.com/watch?v=XH3E_DOlsU0
https://www.montclairps.org/departments/..._2023-2024/2023-2024_budget_deficit_q__a