Garner Economics and longtime EMSI client Tom Tveidt have released an analysis (PDF) of the latest BLS employment data, showing that more metro areas had year-over-year total job growth in May than in any other month this year.
About a quarter of all metros (95) have more jobs than May of last year, according to the analysis. “Although the May figures clearly indicate a positive development, total employment in nearly all metros is well below their previous pre‐recession highs. Geographically, the 95 growing metros dominate the eastern half of the nation (see map).”
Tveidt also found that only 19 metros have grown in each of first five months of 2010 in year-over-year employment. The list is headlined by Kennewick-Pasco-Richland, Wash., and Ocean City, NJ, both of which grew by an average of 3.8% per month.