Real estate employment numbers continued to rise in early July, but some segments of the industry grew faster than others
The industry saw a healthy increase in jobs in March, following a tougher month of 4,500 job losses. The US as a whole also saw its greatest number of job gains since August
Construction employment declined by 61,000 as the real estate industry yearns for more housing
The gains come at a time when unemployment remains high at 6.3% on the heels of the US adding just 49,000 jobs, according to data released Friday by the US Department of Labor
The real estate sector — which includes rental and leasing — added 8.5K jobs on a seasonally adjusted rate in November and actually lost 3K jobs if unadjusted for seasonality
The unemployment rate declined to 6.9%, according to the Bureau of Labor Statistics, but the country as a whole is still down about 10M jobs since February's pre-pandemic levels
A dip in prime age participation typically goes hand-in-hand with slower wage growth, according to Odeta Kushi, the deputy first economist at First American
The unemployment rate fell to 8.4% in August, according to new data released Friday by the U.S. Bureau of Labor Statistics.
The real estate sector — not including rental and leasing — added more than 18,000 jobs in June, according to the US Department of Labor in a report released Thursday
The expectation among forecasters was unemployment could climb as high as 20%, but data released Friday showed it actually dropped to 13.3%
The US added 196,000 jobs in March, which will add to the pent up demand for housing, according to NAR's chief economist
Overall the country added 312,000 jobs last month, according to the latest report from the Labor Department
Real estate industry added 3,800 jobs in June