Joey Politano🏳️🌈 @josephpolitano.bsky.social · Jun 3 38 of America's 50-largest metro areas have now recovered to pre-COVID job levels Fastest: Austin (23.3%), Raleigh (18.7%), Dallas (13.3%), Nashville (12.8%), Phoenix (12%) Slowest: SF (-3.8%), Milwaukee (-2.6%), Portland (-2.4%), Boston (-2%), Cleveland (-1.9%)
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Metro job data is useful for understanding local dynamics, but it feels insignificant, even meaningless, in the context of GDP and the national narrative dominated by weak hiring flows, productivity concerns, and monetary policy. It’s like seeing a few healthy trees in a dying forest. #Stagflation