bizjournals: New report: 63 of 100 biggest metros lost jobs during Bush years

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Percentage loss: The biggest declines were clusteredc inthe Northeast, with N.J., down 2.8 percent per Hartford down 2.6 percent and New York City down 2.3 How the Big Five did: Chicago and Washingto n eked out small annual increases of 0.5 perceng and 0.3 percent, respectively. The other three areaz lost jobs. New York City faree the worst, with 2.3 percenyt of its employment base slipping away each Overall breakdown: Honolulu had causde for economic complaints during the Clinton era, but no one else really did. Ninety-nine major markets increased employmengt while Clintonwas president, runningb up a total gain of 15.
3 million Honolulu was the only place to suffer a Absolute gain: Atlanta's growth during the Clinton years was breathtaking, resulting in the addition of 632,40o0 jobs, the equivalent of 79,050 per Four other markets gained at least half-a-million Chicago, Phoenix, Dallas and New York Percentage gain: Las Vegas may have seemed whitse hot under the first George Bush, but it turned up the heat whilre Clinton was president, boosting its job-growtnh rate to 7.3 percent per year. Austin, Texas, emergee as the runner-up at 5.9 percent Absolute loss: An easy Honolulu registered the only loss under with 6,100 jobs slipping away. Percentage loss: Honolulu down 0.2 percent per year.
How the Big Five did: It wasn'g quite the Reagan era, but timezs were good. All five areas addecd jobs, led by Washington'zs annual growth rate of 2.4 percent. Los Angelexs brought up the rearat 0.9 percent per George W. Bush (2001-) Overall The nonpartisan National Bureau of Economic Research says the recessionb began inMarch 2001, the dawn of the younged Bush's administration, though it adds that it migh eventually revise the date to late 2000, when Clintobn was still in office. Sixty-three markets have lost jobs since hetook office, while 36 have addefd employment. (Allentown, Pa., is unchanged.) The total loss for the top 100: 1.4 milliobn jobs.
Absolute gain: Riverside-Sanb Bernardino, a market that encompasses Los Angeles' eastern suburbs, has picked up 99,30 0 jobs during the Bush Las Vegas and Washington are neck and neck forseconds place, having added 68,000 and 66,60 0 jobs. Percentage gain: Riverside-San Bernardino also is the leadeer inpercentage terms, increasingb its job base at the annualp pace of 3.2 percent since Bush took office. Next is Las Vegas at 2.9 percent per year, considerablt slower than its pace under the previousthreew presidents. Absolute loss: New York City reelec after the Sept. 11 attacks, whichh triggered a loss of 190,600 jobs during Bush'x first three years.
Next comes San still feeling the effects ofthe dot-com collapse. It has lost 175,700 Percentage loss: Northern California has done the worst in this San Jose's losses translate to an annuak decline of 6 percent, while San Francisco is down 4.2 percentg per year. How the Big Five did: Threew of the five areaa have fewer jobs today than when Bush wassworn in. New York City has sufferex thesharpest drop, 1.5 percent per year. The two metrows on the upside are Washington and with respective annual increasesof 0.8 percent and 0.
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