All but two of California’s major metros had job losses for the year ended in January after the Bureau of Labor Statistics revised its 2024 employment benchmarks downward.
Of the bottom 10 metros for an employment change, six were in California, according to a RealPage analysis. That includes Los Angeles, which lost 13,900 jobs; San Francisco, down 10,500; and Anaheim, which lost 10,400. The report said the weaker employment situation in the Golden State comes at a time when its new apartment supply is still peaking.
Meanwhile, many of the top 10 metros for job change remained the same in the past months. They include New York, up 150,500 jobs; Houston, up 56,500; Dallas, up 35,600; Philadelphia, up 34,000; and Orlando, up 32,100. Also, Washington, D.C.; Miami; Chicago; Seattle; and Atlanta made the list.
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