Industry News

Construction, mortgage sectors hardest-hit by layoffs

More housing-related job losses expected, MBA says
Published on May 22, 2007

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by CareyBot

The downturn in the housing market appears to have caused more layoffs in construction and mortgage lending than real estate sales, the Mortgage Bankers Association reports. In a new analysis, “Trends in Housing-Related Employment,” MBA researchers say that 45,000 residential ...