1
2. CHANGE GROWTH (THS) NO. OF JOBS (THS) 1.8% 61.4 3,400.7 DALLAS | FORT WORTH | ARLINGTON, TX 4. CHANGE GROWTH (THS) NO. OF JOBS (THS) 1.3% 41.2 3,178.4 WASHINGTON | ARLINGTON | ALEXANDRIA, DC-VA-MD-WV 2015 YTD JOB GROWTH RANKING BY PERCENTAGE GROWTH 2015 YTD *Top 10 MSAs by population, ranked in order of 12-month % job growth Source: BLS data as of September 2015 ATLANTA | SANDY SPRINGS | MARIETTA, GA CHANGE GROWTH (THS) NO. OF JOBS (THS) 1.9% 47.4 2,596.3 1. CHANGE GROWTH (THS) NO. OF JOBS (THS) 1.7% 97.8 5,892.9 LOS ANGELES | LONG BEACH | ANAHEIM, CA 3. CHANGE GROWTH (THS) NO. OF JOBS (THS) 1.2% 29.7 2,498.9 MIAMI | FORT LAUDERDALE | POMPANO BEACH, FL 5. BOSTON | CAMBRIDGE | NASHUA, MA-NH CHANGE GROWTH (THS) NO. OF JOBS (THS) 1.1% 29.8 2,639.5 6. CHANGE GROWTH (THS) NO. OF JOBS (THS) 0.8% 77.4 9,289.9 NEW YORK | NEWARK | NEW JERSEY, NY-NJ-PA 7. CHANGE GROWTH (THS) NO. OF JOBS (THS) 0.7% 19.0 2,824.7 PHILADELPHIA | CAMDEN | WILMINGTON, PA-NJ-DE-MD 8. CHANGE GROWTH (THS) NO. OF JOBS (THS) 0.4% 19.0 4,550.3 CHICAGO | NAPERVILLE | ELGIN, IL-IN-WI 9. CHANGE GROWTH (THS) NO. OF JOBS (THS) 0.2% 5.9 2,983.0 HOUSTON | THE WOODLANDS | SUGARLAND, 10. EMPLOYMENT BY INDUSTRY YTD GROWTH/LOSS BY INDUSTRY (% change) TOTAL NON-FARM JOBS VS. UNEMPLOYMENT RATE OFFICE-USING EMPLOYMENT VS. OFFICE VACANCY RATE +47,400 NON-FARM JOBS ADDED YTD IN 2015 According to the US Bureau of Labor Statistics, metro Atlanta has added 47,400 jobs year-to-date in 2015 as employment increased 1.9% since 2014 year-end. +1.9% NON-FARM % JOB GROWTH YTD IN 2015 Metro Atlanta’s non-farm employment grew by 1.9% YTD in 2015, well ahead of average U.S. job growth of 1.3% over the same time period. CHANGE GROWTH (THS) NO. OF JOBS (THS) 1.3% 1,779 142,371.0 UNITED STATES US RED denote traditional office-using sectors Source: BLS data as of September 2015 Source: BLS data as of September 2015 Source: BLS data as of September 2015 Source: BLS data as of September 2015 2. 8.4% 287.7 DALLAS | FORT WORTH | ARLINGTON, TX 4. 6.5% 194.7 HOUSTON | THE WOODLANDS | SUGARLAND, TX JOB GROWTH FORECAST RANKING BY PERCENTAGE GROWTH 2016-2018 *Top 10 MSAs by population, ranked in order of % job growth 2016-2018 Source: Moody’s Analytics data as of September 2015 ATLANTA | SANDY SPRINGS | MARIETTA, GA 8.8% 230.0 1. 8.3% 209.7 MIAMI | FORT LAUDERDALE | POMPANO BEACH, FL 3. 6.1% 360.1 LOS ANGELES | LONG BEACH | ANAHEIM, CA 5. PHILADELPHIA | CAMDEN | WILMINGTON, PA-NJ-DE-MD 5.7% 161.9 6. 5.2% 238.8 CHICAGO | NAPERVILLE | ELGIN, IL-IN-WI 7. 4.6% 146.1 WASHINGTON | ARLINGTON | ALEXANDRIA, DC-VA-MD-WV 8. 4.4% 115.4 BOSTON | CAMBRIDGE | NASHUA, MA-NH 9. 4.2% 388.6 NEW YORK | NEWARK | NEW JERSEY, NY-NJ-PA 10. 5.9% 8.5 UNITED STATES US CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (THS) CHANGE GROWTH (MIL) CHANGE GROWTH (THS) +8.8% FORECASTED NON-FARM % JOB GROWTH 2016-2018 Moody’s Analytics forecasts Atlanta employment will growth 8.8% from 2016 to 2018, well ahead of the 5.9% growth forecasted for the US over the same time period. #1 YTD Job Growth NON-FARM % JOB GROWTH YTD IN 2015 According to the US Bureau of Labor Statistics, metro Atlanta ranks number one among the top 10 metros in the US for year-over-year percentage job growth from 2014 YE to September 2015. #1 Forecasted Job Growth FORECASTED % JOB GROWTH 2016-2018 According to Moodys Analytics, metro Atlanta ranks number one among the top 10 metros in the US for forecasted percentage job growth from 2016 to 2018 and is expected to add an additional 230,000 jobs over that time period. Employment Update 3Q 2015 ATLANTA 0% 2% 4% 6% 8% 10% 12% 2,000 2,100 2,200 2,300 2,400 2,500 2,600 2,700 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 unemployment rate number employed Employment Unemployment LOGAN MENNE Manager - Research Tel: +1 404 853 5384 [email protected] SARA BARNES Senior Analyst - Research Tel: +1 404 853 5377 [email protected] TOBY JORGENSEN Senior Analyst - Research Tel: +1 404 682 3455 [email protected] For questions, please contact: 10% 12% 14% 16% 18% 20% 22% 24% 550 600 650 700 750 800 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 unemployment rate number employed Office-Using Employment Office Vacancy -2.5% -2.0% 1.0% 1.1% 1.6% 2.1% 2.3% 3.1% 7.0% Information Trade, Trans, Util Financial Activities Education/Health Government Manufacturing Leisure & Hosp Prof & Bus Svs Construction Information, 3.4% Government, 12.8% Manufacturing, 6.0% Education/Health, 12.2% Trade, Trans, Util, 22.0% Financial Activities, 6.3% Prof & Bus Svs, 18.8% Construction, 4.2% Leisure & Hosp, 10.4%

3Q 2015 Atlanta Employment Update

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: 3Q 2015 Atlanta Employment Update

2.CHANGE GROWTH

(THS)NO. OF JOBS (THS)

1.8% 61.4 3,400.7

DALLAS | FORT WORTH | ARLINGTON, TX

4.CHANGE GROWTH

(THS)NO. OF JOBS (THS)

1.3% 41.2 3,178.4

WASHINGTON | ARLINGTON | ALEXANDRIA, DC-VA-MD-WV

2015 YTD JOB GROWTHRANKING BY PERCENTAGE GROWTH 2015 YTD

*Top 10 MSAs by population, ranked in order of 12-month % job growth Source: BLS data as of September 2015

ATLANTA | SANDY SPRINGS | MARIETTA, GA

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

1.9% 47.4 2,596.31.

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

1.7% 97.8 5,892.9

LOS ANGELES | LONG BEACH | ANAHEIM, CA3.

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

1.2% 29.7 2,498.9

MIAMI | FORT LAUDERDALE | POMPANO BEACH, FL5.

BOSTON | CAMBRIDGE | NASHUA, MA-NH

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

1.1% 29.8 2,639.56.

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

0.8% 77.4 9,289.9

NEW YORK | NEWARK | NEW JERSEY, NY-NJ-PA7.

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

0.7% 19.0 2,824.7

PHILADELPHIA | CAMDEN | WILMINGTON, PA-NJ-DE-MD8.

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

0.4% 19.0 4,550.3

CHICAGO | NAPERVILLE | ELGIN, IL-IN-WI9.

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

0.2% 5.9 2,983.0

HOUSTON | THE WOODLANDS | SUGARLAND, 10.

EMPLOYMENT BY INDUSTRY

YTD GROWTH/LOSS BY INDUSTRY (% change)

TOTAL NON-FARM JOBS VS. UNEMPLOYMENT RATE

OFFICE-USING EMPLOYMENT VS. OFFICE VACANCY RATE

+47,400NON-FARM JOBS ADDED YTD IN 2015According to the US Bureau of Labor Statistics, metro Atlanta has added 47,400 jobs year-to-date in 2015 as employment increased 1.9% since 2014 year-end.

+1.9%NON-FARM % JOB GROWTH YTD IN 2015Metro Atlanta’s non-farm employment grew by 1.9% YTD in 2015, well ahead of average U.S. job growth of 1.3% over the same time period.

CHANGE GROWTH(THS)

NO. OF JOBS (THS)

1.3% 1,779 142,371.0

UNITED STATES

US

RED denote traditional office-using sectors

Source: BLS data as of September 2015

Source: BLS data as of September 2015

Source: BLS data as of September 2015

Source: BLS data as of September 2015

2. 8.4% 287.7

DALLAS | FORT WORTH | ARLINGTON, TX

4. 6.5% 194.7

HOUSTON | THE WOODLANDS | SUGARLAND, TX

JOB GROWTH FORECASTRANKING BY PERCENTAGE GROWTH 2016-2018

*Top 10 MSAs by population, ranked in order of % job growth 2016-2018 Source: Moody’s Analytics data as of September 2015

ATLANTA | SANDY SPRINGS | MARIETTA, GA8.8% 230.01.

8.3% 209.7

MIAMI | FORT LAUDERDALE | POMPANO BEACH, FL3.

6.1% 360.1

LOS ANGELES | LONG BEACH | ANAHEIM, CA5.

PHILADELPHIA | CAMDEN | WILMINGTON, PA-NJ-DE-MD5.7% 161.96.

5.2% 238.8

CHICAGO | NAPERVILLE | ELGIN, IL-IN-WI7.

4.6% 146.1

WASHINGTON | ARLINGTON | ALEXANDRIA, DC-VA-MD-WV8.

4.4% 115.4

BOSTON | CAMBRIDGE | NASHUA, MA-NH9.

4.2% 388.6

NEW YORK | NEWARK | NEW JERSEY, NY-NJ-PA10.

5.9% 8.5

UNITED STATES

US

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(THS)

CHANGE GROWTH(MIL)

CHANGE GROWTH(THS)

+8.8%FORECASTED NON-FARM % JOB GROWTH 2016-2018Moody’s Analytics forecasts Atlanta employment will growth 8.8% from 2016 to 2018, well ahead of the 5.9% growth forecasted for the US over the same time period.

#1 YTD Job GrowthNON-FARM % JOB GROWTH YTD IN 2015According to the US Bureau of Labor Statistics, metro Atlanta ranks number one among the top 10 metros in the US for year-over-year percentage job growth from 2014 YE to September 2015.

#1 Forecasted Job GrowthFORECASTED % JOB GROWTH 2016-2018According to Moodys Analytics, metro Atlanta ranks number one among the top 10 metros in the US for forecasted percentage job growth from 2016 to 2018 and is expected to add an additional 230,000 jobs over that time period.

Employment Update 3Q 2015

ATLANTA

0%

2%

4%

6%

8%

10%

12%

2,000

2,100

2,200

2,300

2,400

2,500

2,600

2,700

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

unem

ploy

men

t rat

e

num

ber e

mpl

oyed

Employment Unemployment

LOGAN MENNE Manager - Research

Tel: +1 404 853 [email protected]

SARA BARNESSenior Analyst - Research

Tel: +1 404 853 [email protected]

TOBY JORGENSENSenior Analyst - Research

Tel: +1 404 682 [email protected]

For questions, please contact:

10%

12%

14%

16%

18%

20%

22%

24%

550

600

650

700

750

800

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

unem

ploy

men

t rat

e

num

ber e

mpl

oyed

Office-Using Employment Office Vacancy

-2.5%

-2.0%

1.0%

1.1%

1.6%

2.1%

2.3%

3.1%

7.0%

Information

Trade, Trans, Util

Financial Activities

Education/Health

Government

Manufacturing

Leisure & Hosp

Prof & Bus Svs

Construction

Information, 3.4%Government, 12.8%

Manufacturing, 6.0%

Education/Health, 12.2%

Trade, Trans, Util, 22.0%

Financial Activities, 6.3%

Prof & Bus Svs, 18.8%

Construction, 4.2%

Leisure & Hosp, 10.4%