Jobs Archive

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...

May Pending Home Sales

NAR released a summary of pending home sales data showing that May’s pending home sales index is up for the fifth consecutive month. May’s pending sales are up 0.9% from last month and improved 10.4% from a year ago...

Mortgage Application Data

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern and is currently studying at The University of Maryland, College Park pursuing a degree in economics. Seasonally adjusted mortgage applications increased 8.4% from the week ending May 29th...
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June 12, 2015

Latest Job Openings (April 2015)

Job openings are becoming ever more plentiful.  In fact, they shot up significantly in recent months.  Also, for the first time in many years, there were more job openings than job placements, implying companies are beginning to struggle in...

Latest GDP Growth (First Quarter 2015)

An abysmal first quarter as GDP shrank 0.7 percent.  Because a large portion of the decline was attributed to a one-off adjustment, GDP should move to positive growth from the second quarter.  The job gains will continue and reach...