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Tag Archives: Employment

How Much Home Can a Teacher Afford?

A new report has found that despite wage increases in some cities, teachers wouldn’t be able to afford homes there. Click through to learn more about which are the most unaffordable cities for educators.

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Fannie: Consumer Housing Sentiment Weakens

The U.S. housing market may be starting to get volatile. Fannie Mae's latest Home Purchase Sentiment Index report found that consumer confidence in housing took a hit in February. The worry seems to be stemming from some general upheaval at ...

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Employment Increases, and the Industry Reacts

Friday’s employment report for April from the Bureau of Labor Statistics showed strong growth overall, with a total increase in non-farm payroll jobs of 211,000, compared to March’s increase of 79,000. Department of Labor Secretary Alexander Acosta tweeted that the report was “great news,” and noted the unemployment drop to 4.4 percent. However, differing opinions came from those in the mortgage and housing industry.

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Construction Jobs Dip Slightly

The number of open construction sector jobs rose to 169,000 in February, still below the cycle high of 238,000 set in July 2016. Additionally, the open position rate, or job openings as a percent of total employment, increased to 2.4 percent. The open position rate on a moving twelve-month average basis stayed near the cycle high at around 2.7 percent.

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Fewer Jobless, but Less Job Growth in March

Fewer people were out of work in March, according to the Bureau of Labor Statistics. But at the same time, fewer new jobs were created last month than in almost a year. Heavy winter storms might have been the reason for a setback, as the job market seems poised for a push in April.

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