Browsing Posts In: Jobs

February 21, 2017 Posted by: Nadia Evangelou, Research Economist

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Posted by: Nadia Evangelou, Research Economist

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December 1, 2016 Posted by: Nadia Evangelou, Research Economist

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January 22, 2016 Posted by: Scholastica (Gay) Cororaton, Research Economist

Job losses continue to decline in 2016. The number of unemployment insurance claims filed in the first three weeks of January 2016 averaged 284,410, a decrease compared to previous years. The average number of jobless claims filed is also below 300,000, a level that is indicative of the normal churning of the job market. But […]

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December 31, 2015 Posted by: Danielle Hale, Director of Housing Statistics

On January 1, 2016 the minimum wage will rise in 14 states. What is the minimum wage in your area? How do minimum wage workers interact with the housing market in your area? Regardless of one’s position on the minimum wage, it is helpful to learn more about it. The federal minimum wage is prescribed […]

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September 4, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Over 2.9 million net new jobs were added to the national economy over the past 12 months to July. Not surprisingly, 83 percent of metro markets added jobs while only 17 percent did not create jobs or suffered a net lost. This improving job trend will underpin growth in real estate transactions going forward. Among […]

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August 7, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Job gains continued in July, thereby providing a solid foundation for home buying and commercial real estate leasing activity. Not all is alright, however. Part-time employment still remains above normal and wages are barely rising. Job gains in the construction industry remain tepid despite the need to build more homes. Specifically, 215,000 net new jobs […]

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July 30, 2015 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The nation’s economy is humming along unspectacularly. GDP rose by 2.3 percent in the second quarter. Based on year-to-date activity and many other recent economic data, the year 2015 will again mark another subpar GDP growth. Slow growth is not the best of the world but is still leading to positive job creations. GDP growth […]

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July 7, 2015 Posted by: Jed Smith, Managing Director, Quantitative Research

In May 2015, REALTORS® were by and large “strongly confident” about the outlook for all property types in the next six months compared to a year ago, although confidence tapered compared to the expectation in April 2015, according to the May 2015 REALTORS® Confidence Index Survey. [1] The May 2015 report is based on the […]

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Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The best state for job creation was Utah as of May, marking several consecutive months of being on top.  Utah’s job creation rate was 3.8 percent over the past 12 months.  The West region is doing particularly well with Washington, Nevada, Idaho, Oregon, and California in the top-ten.  The South was also moving along nicely […]

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