US Employment Growth Continues to have a Southern and Western Flavor
The US economy just set a record for job openings (there were 6.6 million of them at the end of March). The labor market is red hot right now and that is very evident in our largest metros. All 53 large metros (those with at least 1 million residents) added jobs in the year ending in March with a combined growth rate of 1.7 percent. Austin was the fastest growing large metro with a 3.6 percent growth rate (36,800 jobs). Orlando, Phoenix, Riverside, Jacksonville, Seattle and C