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Big City Job Recovery

November 30, 2012 By admin

Some small towns have truly kicked into high gear by creating a sizable number of new jobs. The Cajun town of Lafayette, Louisiana, for example, ballooned from 150,000 jobs to now nearly 170,000 jobs in a short two year time span. But what about big cities? Because of the already sizable population, it is much more difficult to attain very high percentage gains as seen for some small towns. The New York metro region added 128,000 net new jobs in the past 12 months, yet matches only the national average growth rate of 1.5 percent. Below is the breakdown of job market conditions among those cities-suburbs that have at least 1.5 million jobs already. For most major cities, recent job gains are only making up for the losses that had occurred during the deep recession a few years ago. Washington, D.C. is one exception because it did not have a recession due to government stimulus money. But outside of the D.C. Beltway, there are two cities which are now setting new highs: Dallas and Houston. The intrastate jobs rivalry also implies why the Texans are a bit happier than the Cowboys.

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Chesapeake/Suffolk


3325 Taylor Rd., Suite 107
Chesapeake, VA 23321
(757) 638-5700
(800) 556-1611
(757) 638-5800

Norfolk


1512 East Little Creek Rd.
Norfolk, VA 23518
(757) 480-2121
(800) 441-2112
(757) 480-0324

Elizabeth City


1825 W City Drive, Suite G
Elizabeth City, NC 27909
(252) 331-1300
(866) 288-7413
(252) 331-1325

Virginia Beach/Chesapeake


1201 Lake James Dr., Suite 201
Virginia Beach, VA 23464
(757) 424-0202
(800) 539-0238
(757) 424-9531

Newport News


720 Thimble Shoals Blvd.,
Suite 116
Newport News, VA 23606
(757) 833-8400
(800) 539-8014
(757) 833-0545

Williamsburg


1031 Richmond Rd.
Williamsburg, VA 23185
(757) 220-8205
(800) 369-8206
(757) 229-3196

Kitty Hawk


4628 North Croatan Hwy.
Kitty Hawk, NC 27949
(252) 261-6400
(800) 282-6401
(252) 261-1400

At the Beach


1092 Laskin Road, Suite #204
Virginia Beach, VA 23451
(757) 264-6530
(757) 233-7921

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5103 George Washington Memorial Highway
Hayes, VA 23072
(804) 331-0422
(800) 539-8014
(757) 833-0545

Norfolk Property Management


1547-A E. Little Creek Road, Suite #100
Norfolk, VA 23518
757-583-1801
757-583-2343

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