Since the Great Recession, Only One City Outpaced Nashville’s Job Growth (Guess Who)

During the last decade, Greater Nashville has boasted stronger job growth than all but one of the nation’s major markets. Austin, TX!

Nashville boosted its supply of private-sector jobs by 25 percent from mid-2007 to mid-2017, according to a federal report issued Wednesday. The most recent chapters of that growth play out on our new interactive Jobs Watch map, which shows the biggest job gains and losses throughout the region.

The region’s tally of private-sector jobs grew by a net of 172,600 positions over the 10-year span, hitting a total of 862,800 as of July 2017.

Only Austin grew faster, at a 38 percent clip.

This 10-year comparison effectively indicates the extent to which any given market has bounced back from the Great Recession, which began in late 2007 and ended in mid-2009, according to the federal government.

The U.S. Bureau of Labor Statistics released private-sector data for more than 300 metropolitan areas. For this story, American City Business Journals isolated the 67 major markets that have at least 300,000 jobs.

You can check out the job growth for those cities in the slideshow with this story. All figures are for metropolitan areas, not just central cities. The official designations of those metros, which often contain the names of as many as three communities, have been shortened.

At the bottom of the standings are the five major markets with fewer private-sector jobs now than a decade ago: Albuquerque, Virginia Beach-Norfolk, Greensboro, Birmingham and Dayton.

https://www.bizjournals.com/nashville/news/2017/08/30/since-the-great-recession-only-one-city-outpaced.html?ana=e_me_set1&s=newsletter&ed=2017-08-31&u=tQyEmMiKcISv1Oh3wNip4CkTOR9&t=1504203835&j=78766851

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 Senior ReporterNashville Business Journal