Sunday, December 23, 2012

Job Report in Real Estate


The latest monthly job report just came out for the month of November showing better job growth than expected overall, but the Jacksonville movers discovered, not so much for the real estate industry. The professional movers learned that construction was down affecting of course the real estate market. According to the U.S. Labor Department’s job report, there were 146,000 new jobs in November 2012 with the unemployment rate dropping to 7.7% compared to October’s 7.9%.

However, the Chief Economist at the popular real estate search engine Trulia noted the job report showed a decrease in construction jobs. Employment is looking better for 25-34 year olds (prime age to buy a house) but the national construction employment decrease by a significant 12.7%. The local Jacksonville moving specialists learned that over the past three months, construction jobs have decreased by 0.4%.

The local Jacksonville movers are wondering what your job situation is like? Has the economy been good to you? 

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