Seasonally-adjusted total employment growth rose by 0.6% 3m/3m on average across the 30 metros we track for the third consecutive month. But there has been clear weakness in the information sector in some western cities, which has weighed on office jobs growth and is persisting despite other cities seeing solid growth in jobs in that sector. This is consistent with our view that those metros will be amongst the weakest performing real estate markets over the next couple of years.
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