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 2019YoY
Boston Open Jobs146,1525.8%
U.S. Open Jobs5,646,9201.4%
Boston Median Pay$ 61,9582.7%
U.S. Median Pay$ 53,4111.7%

Open Jobs by Industry

Open JobsYoY
Accounting & Legal1,14211.8%
Aerospace & Defense2,1002.0%
Architecture & Civil Engineering7723.9%
Arts & Entertainment71215.3%
Automotive1,010-23.7%
Banking & Financial Services3,971-8.0%
Beauty & Fitness1,98743.4%
Biotech & Pharmaceuticals6,120-0.8%
Business Services283-23.6%
Computer Software & Hardware6,5922.9%
Construction892-11.2%
Consulting2,6199.9%
Consumer Electronics218-26.8%
Education & Schools7,908-3.2%
Energy & Utilities1,069-2.5%
Facilities7981.9%
Government1,43645.4%
Health Care & Hospitals24,603-2.1%
Information Technology4,38416.9%
Insurance1,8064.6%
Internet & Tech1,678-47.4%
Manufacturing4,951-3.3%
Marketing & Advertising1,624-6.6%
Media & Publishing426-1.4%
Nonprofit3,76110.7%
Private Security61023.0%
Real Estate950-0.7%
Restaurants & Bars7,211-5.2%
Retail7,983-2.7%
Supermarkets1,546-2.4%
Telecommunications765-8.8%
Transportation & Logistics2,77834.0%
Travel & Tourism1,783-18.4%
Wholesale551-16.8%
Other39,113
Total146,1525.8%

Open Jobs by Employer Size

Open JobsYoY
<5116,48020.6%
51-20014,14011.2%
201-50013,48014.9%
501-100010,240-8.0%
1001-500027,380-2.6%
5000+50,860-0.0%
Other13,58037.3%
Total146,1525.8%

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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