Five Cities Share Half of Office Job Rise

Almost 50% of the nation’s office employment growth since the 1982 recession has taken place in five metropolitan office markets, including Los Angeles, according to a survey of 26 cities conducted by Colliers International Property Consultants.

New York led with about 36,500 new office workers; Dallas was second with 24,800; followed by Los Angeles, 19,900; Atlanta, 14,200, and Phoenix, 14,100.

“The fact that the cities that are adding more office workers are spread geographically across the country shows that each market should be viewed individually instead of as part of a ‘hot’ region,” C. Stewart Forbes, Colliers USA president, said.