Skip to main content

US Metro Employment (Nov.)

Total employment growth in November across our 30 metros was weak compared with the rest of 2023, growing by 0.3% 3m/3m once seasonally-adjusted. On average, office-based jobs contracted for the second consecutive month, by 0.3% 3m/3m – the largest decline since August 2020. Looking ahead, our view remains that high interest rates will continue to weigh on activity and job growth in all metros, while weaknesses in the information sector will particularly affect those in the West.

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 gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access