Boston sees smallest drop off in hiring in US

LGBT Boston, gay life bostonThe 20 biggest American cities saw significant drop in hiring in April according to LinkedIn. With one exception – Boston. Looking at regional trends, LinkedIn found that all but one of the 20 largest U.S. metropolitan areas showed an April drop of 20% to 40% in their hiring rates, as compared with the previous month. Boston by contrast, saw its hiring decline just 6.8% month-over-month in April.

The industries that have fared best thus far (health care, education and technology) comprise a significant, if not an out-sized, footprint in Boston’s economy and is credited for such a shallow dip in hiring in the region.

20.5 Million Americans lose jobs in April
US  unemployment rate soars to 14.7%

This may be of little comfort to those who have lost their jobs or seen their hours and income reduced, but it hopefully means that Boston remains more resilient and as a region we can emerge from this economic downturn more quickly. You can read the full article on LinkedIn here: April’s U.S. hiring plunged 23.9%, but a few vital sectors kept adding people.

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