Employment trends across the U.S. showed a clear loss of momentum to end 2025.
- Services (Education/Health Services, Leisure/Hospitality Services and Other) remained the only sector still posting gains.
- Blue‑collar jobs (Mining/ Logging/Construction, Manufacturing and Trade/Transportation/Utilities) slipped back into negative territory.
- Government employment (Federal, State and Local) also turned negative.
- White‑collar (Information, Financial Activities and Professional/Business Services) jobs have been flat to slightly negative for more than a year.
Source: RealPage
Multifamily Market News 