CoStar | Boston job growth holds steady through May

    Boston | Costar | Economy | Jobs

    — Boston Multifamily Real Estate Investment and Development. The premier platform for a wide range of resources, tools, and advisory services for multifamily and mixed-use apartment building investors, and developers of land, in the Greater Boston area of Massachusetts.

    Jul 21, 2025

    The Boston metropolitan area added 18,300 nonfarm jobs in May 2025 on a monthly basis, according to preliminary data from the U.S. Bureau of Labor Statistics.

    That month’s hiring performance brought total employment to 2.77 million, a 0.66% month-over-month change from April. This continues a steady upward trend, with the region now about 2,400 jobs ahead of the May 2024 mark, and bodes well for local demand for apartments and office leasing.

    During 2023 and 2024, the region witnessed a substantial payroll surge from May to June, so the coming months’ readings will be critical in assessing the trajectory of the back half of the year.

    Source: News | Boston job growth holds steady through May

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    Boston Multifamily is the premier platform for a wide range of resources, tools, and advisory services for multifamily and mixed-use apartment building investors, and developers of land, in the Greater Boston area of Massachusetts.

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