Employment Archive

Latest Employment Report (July 2015)

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...

Latest GDP (Second Quarter 2015)

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...

Latest Employment Situation by State (May 2015)

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...

Latest Employment Condition (June 2015)

The job market continues to improve.  In June 223,000 net new jobs were added.  The total comes to 2.9 million over the past 12 months.  These gains will provide a solid support for home sales and commercial real estate...

Latest Employment Data (May 2015)

Very solid job numbers in May.  Jobs are coming at the right time knowing that interest rates are set to rise later this year.  The positive influence to real estate from job creation can easily overpower the negative influence...