One method in predicting the future of the Boston downtown real estate market is to view the latest job employment reports.

Boston: June 2019 Job Market Report

Methodology: The Glassdoor Job Market Report provides a real-time view of hiring trends and wage growth across the U.S. based on millions of online jobs and salaries. To count job openings, we collect millions of job postings from high-quality online sources including jobs listed on company career sites and applicant tracking systems. Year-over-year comparisons are against the same month in the previous year.

To report pay, we apply a proprietary machine-learning algorithm that estimates median annual base pay for full-time workers. Year-over-year estimates for median salary growth are based on 3-month moving averages. Median base pay is presented in nominal dollars and is not adjusted for inflation or seasonality.
Metro areas are based on U.S. Census Bureau “core-based statistical areas” (CBSAs). June 2019 figures are current as of June 20, 2019.

Boston Quick Facts

June 2019 YoY
Boston Open Jobs 146,152 5.8%
U.S. Open Jobs 5,646,920 1.4%
Boston Median Pay $ 61,958 2.7%
U.S. Median Pay $ 53,411 1.7%

Open Jobs by Industry

Open Jobs YoY
Accounting & Legal 1,142 11.8%
Aerospace & Defense 2,100 2.0%
Architecture & Civil Engineering 772 3.9%
Arts & Entertainment 712 15.3%
Automotive 1,010 -23.7%
Banking & Financial Services 3,971 -8.0%
Beauty & Fitness 1,987 43.4%
Biotech & Pharmaceuticals 6,120 -0.8%
Business Services 283 -23.6%
Computer Software & Hardware 6,592 2.9%
Construction 892 -11.2%
Consulting 2,619 9.9%
Consumer Electronics 218 -26.8%
Education & Schools 7,908 -3.2%
Energy & Utilities 1,069 -2.5%
Facilities 798 1.9%
Government 1,436 45.4%
Health Care & Hospitals 24,603 -2.1%
Information Technology 4,384 16.9%
Insurance 1,806 4.6%
Internet & Tech 1,678 -47.4%
Manufacturing 4,951 -3.3%
Marketing & Advertising 1,624 -6.6%
Media & Publishing 426 -1.4%
Nonprofit 3,761 10.7%
Private Security 610 23.0%
Real Estate 950 -0.7%
Restaurants & Bars 7,211 -5.2%
Retail 7,983 -2.7%
Supermarkets 1,546 -2.4%
Telecommunications 765 -8.8%
Transportation & Logistics 2,778 34.0%
Travel & Tourism 1,783 -18.4%
Wholesale 551 -16.8%
Other 39,113
Total 146,152 5.8%

Open Jobs by Employer Size

Open Jobs YoY
<51 16,480 20.6%
51-200 14,140 11.2%
201-500 13,480 14.9%
501-1000 10,240 -8.0%
1001-5000 27,380 -2.6%
5000+ 50,860 -0.0%
Other 13,580 37.3%
Total 146,152 5.8%

View these Boston condos for sale before they go Under Agreement


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Boston Downtown real estate for sale under $2,000,000


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