Jobs Archive

Instant Reaction: NAR Chief Economist Lawrence Yun on April Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in April: “Fantastic news on the jobs market as abundant job openings are getting filled. Such conditions...

Instant reaction: NAR Chief Economist Lawrence Yun on March Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in March: “The job market is quite remarkable as more job creations and wage gains are adding...

Manufacturing and Housing in the Rust Belt States

Job and wage growth are the economic drivers of housing demand. In this blog, we look at the employment and wage trends in the manufacturing industry and how the strong job growth in manufacturing has impacted housing demand in...

Retail Trade Challenges and Opportunities in 2019

E-commerce continues to challenge brick-and-mortar retailers, especially department stores and sporting goods, hobby, book, and music stores. However, the retail trade sector is still facing bright prospects in growing metro areas that are attracting people, jobs, and housing. The...

No Breakout in Home Sales Despite Good Economy

The economy is quite strong. Job gains for 91 consecutive months have brought the unemployment rate to its lowest level since the year 2000. The latest unemployment rate of 3.8% in May corresponds to 155 million Americans with jobs...