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[BUSINESS] · United States · 2 sources

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U.S. employment growth reaches 0.3% amid regional variation

U.S. national employment growth accelerated slightly to 0.3% in the second quarter of 2026 compared to the previous year. However, this figure masks significant regional disparities. While 38 states reported job growth, 12 states and the District of Columbia saw declines. Nevada and Minnesota recorded the highest state-level growth at 2.3% and 1.5% respectively, while the District of Columbia saw the largest loss at 4.8%.

At the metropolitan level, job growth trends were generally weaker than state-level data. The Sandusky, Ohio, metropolitan statistical area (MSA) saw the strongest growth at 5%, whereas the Waterloo-Cedar Falls, Iowa, MSA experienced the largest decline at 3.2%.

Complementary workforce data indicates that while job openings in the U.S. have increased by 19% year-over-year, hiring has remained flat for three months and application volumes have decreased by 5%. This suggests a shift toward more deliberate hiring. Organizations are increasingly prioritizing roles that directly impact revenue or operational efficiency, particularly within the finance sector. For example, openings for financial services sales agents have increased by 52% year-over-year.

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Federal Reserve Economic Data · United States · iCIMS