Jobs Archive

Latest State Employment Trends (March 2015)

Utah, Florida, and Pacific Ocean states of Washington, Oregon, and California are rolling along in jobs.  Given clear linkage between jobs and home sales, REALTORS® in these states should expect busy activity. North Dakota and Texas, which had consistently...

Using NAR Research to Address Prospective Buyer Concerns “What If We Have Another Recession?”

The changes of another recession are essentially 100 percent—at some point in time we will almost certainly have another recession.  What does this mean for homeownership?  In the case of homebuyers, possibly much less than one would think. The...

Top Employment States and Metros (March 2015)

Utah has taken the lead in job creation.  North Dakota, Wyoming, Georgia, and Florida round out the top-five.  At the other end, West Virginia, Montana, Maine, Mississippi, and Rhode Island are barely creating jobs. Due to the falling oil...

Latest Employment Report: February 2015

The U.S. economy added 3.3 million net new jobs in the past 12 months to February.  One has to go back to the late 1990s when the job growth rate was this strong.  More jobs will enlarge the pool...

The Job Mobility Rate

One of the better indicators about the strength of the job market is the quit rate.  How many workers are quitting their jobs?  A rational person would only quit if they had a new job lined up or if...