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Tag Archives: JOLTS report
JOLTS Jobs Report Highest In Years
Popular Economics Weekly The U.S. Bureau of Labor Statistics reported the number of job openings was little changed at 5.8 million on the last business day of March, but it is actually up 11 percent over March 2015. Methinks the … Continue reading
Job Openings Still At Record Level
Popular Economics Weekly The number of job openings rose to 5.5 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. It is just below the record high set in July 2015. Hires declined … Continue reading
Job Openings and Hires At Record Levels
Popular Economics Weekly Job openings rose 5 percent to 5.6 million in December, the Labor Department said Tuesday. So why are the financial markets worrying about a looming recession? That reading was the second-highest ever recorded, behind only July 2015, … Continue reading
No Recession Is In the Cards
Financial FAQs There is a growing consensus among economists that recovery from the Great Recession will continue for several more years. This is in part because there are really no signs of a looming recession. Inflation is still too low, … Continue reading
Home Prices Increase With Jobs
The Mortgage Corner The S&P Case-Shiller Home Price Index is the bell weather for real estate and home prices these days. It not only reports housing prices, but what affects those prices, and jobs have to be the most important … Continue reading
2015 Housing Construction Will Surge
The Mortgage Corner We believe housing construction is about to bloom this spring, due to growing employment. For starters, an additional 45,000 construction jobs were added to nonfarm payrolls in April. This is even though construction spending to date has … Continue reading
More Jobs Available, Goldman Upgrades RE Forecast
Popular Economics Weekly Goldman Sachs economist David Mericle in his research report, “Housing: The Recovery Resumes” says that overall, the message from the broad housing data flow is that the housing market is still at the beginning of a new … Continue reading
Labor’s Day Not Celebrated?
Financial FAQs It looked like August’s unemployment report would celebrate this year’s Labor Day in a big way. We know it because most employment indicators point to many more jobs this year that also pay more. Starting with the August … Continue reading
Consumer Confidence Surging, Why Not Spending?
Popular Economics Weekly Consumer confidence is up led by strength in the current assessment, which points to gains for consumer readings in August. But why aren’t consumers spending more, if so? Auto sales are up, but retail sales overall are … Continue reading
Where is Housing Affordable?
The Mortgage Corner Why aren’t there more home buyers? It seems that housing can’t really recover until household incomes recover, and household incomes are barely keeping up with inflation at the moment. We also know that can’t happen until we … Continue reading