Another Top-10 List – Best Markets for Housing Investors
Not only does a great investment produce an attractive rate of return, it also increases in value over time based on demand outstripping supply. That increase in value is categorized as capital gains,...
View ArticleStrong October Jobs Gains of 271,000 — Greatest in 2015
October 2015 job gains came in at a year-long high of 271,000 jobs versus an expectation of 180,000. The U.S. has added an average 206,000 jobs monthly in 2015 and 230,000 average in the prior 12...
View ArticleAnother Top-10 List — Most Affordable Places for Millennials to Buy a Home
The future demand for housing centers on the largest demographic cohort the U.S. has ever seen – Millennials. There are an estimated 83.1 million millennials today from 18 to 34 years of age – more...
View ArticleUS Adds 211,000 New Jobs in November 2015 — Ups Original October 2015 Gain...
The U.S. added 211,000 net new jobs in November 2015. The Bureau of Labor Statistics also restated the preliminary October 2015 estimate from a gain of 271,000 to 298,000. Ditto a September restatement...
View ArticleU.S. Created 10.2 Percent More Net New Jobs in Q1 2016 Vs Q1 2015
After a slow start in the first two months of 2016, preliminary job numbers in March show a material uptick in job creation, with 215,000 net new jobs compared to just 84,000 in March 2015. The first...
View ArticleAnother Top-10 List — Best Cities for Recent College Grads With Bachelor’s...
Most people go to college to enhance their earnings potential. After obtaining a bachelor’s degree, however, it’s just not the degree earned that affects income, but also the location they work. A...
View ArticleMay 2016 Employment — A Statistical Perspective
May 2016 Job Growth – a Paltry 38,000 (Preliminary) Net New Jobs Unemployment Rate Falls from 5.0 Percent in April 2016 to 4.7 Percent in May 2016 So what happened to the May 2016 employment data,...
View ArticleDrTCJ’s Tweets April 29, 2016 Through June 23, 2016
For those of you that do not Tweet – you should consider doing so. If you want to talk about effective bang for the buck, the 140 total characters, letters, numbers and spaces of a Tweet on Twitter...
View ArticleSeinfeld, NASCAR and the U.S. Jobs Report — Overlapping Storylines
What do Seinfeld, NASCAR® and the U.S. jobs reports have in common? They all have some of the same plots and storylines. Just compare and contrast the following: Seinfeld Remember the Seinfeld show –...
View ArticleLabor Market Outcomes for College Graduates
A recurring question that I am asked almost weekly is, “What is the best major for my daughter, son, granddaughter or grandson?” This is not always easy to answer, since not all people have skill sets...
View Article255,000 Net New Payroll Jobs Created in July 2016, Average Hourly Earnings...
The U.S. created 255,000 net new jobs in July 2016, far in excess of the 167,000 to 185,000 consensus numbers from economists. Year-over-year job growth is now 1.72 percent. Average hourly earnings...
View ArticleThe Three Bears Paradox — Job Growth & Housing Permits 1999-2015
While we overbuilt numerous residential markets prior to the housing bubble implosion, many did not fall under the same supply excesses. These markets may have experienced price ballooning, but an...
View ArticleAnother Top-10 List — Best (and Worst) States for Families to Live a Richer Life
The quality of life for a family is a lot more than just income. Lifestyle, climate, affordability, safety, housing quality and access, and other factors come in to play. Where does one find the best...
View ArticleU.S. Added 151,000 Net New Jobs in August 2016 — Unemployment Rate Unchanged...
The U.S. added 151,000 net new jobs in August 2016 (nonfarm payroll) on a seasonally adjusted basis, shy of the mid-170,000 consensus from economists. In the past 12-months a total 2.447 million net...
View ArticleAnother Top-10 List — Best Job Growth States October 2016
Jobs are everything. Period. Each state performs differently than others across time. Once again I invoke the TINSTAANREM clause — There Is No Such Thing As A National Real Estate Market. Each real...
View ArticleAnother Top-10 List — Metropolitan Statistical Areas (and Division) Job...
Jobs are everything. Period. Once again I invoke the TINSTAANREM clause — There Is No Such Thing As A National Real Estate Market. Each real estate market is different. Ditto local economies. The...
View ArticleAnother Top-10 List — Most Affordable Cities for 2017 Job Seekers
Jobs are everything to the economy and to the ultimate demand for housing and commercial real estate. I vividly recall the father of one of my undergraduate students when at Texas A&M that was...
View ArticleNovember 2016 Job Growth Rates — Metropolitan Statistical Areas & Divisions
Jobs are everything to an economy and the real estate market. Period. Each state performs differently than others across time. Ditto Metropolitan Statistical Areas (MSAs) and Divisions. As usual,...
View ArticleAnother Top-10 List – America’s Hottest Housing Neighborhoods
Imagine housing markets so hot that: Average 2016 percentage home price increase was in the double digits with some 30 percent or greater Average listing-to-sales price ratio was greater than 100...
View ArticleJobs Report February 2017 — 235,000 Net new Jobs – Average Hourly Earnings Up...
The U.S. created 235,000 net new non-farm payroll jobs in February 2017, with a corresponding unemployment rate of 4.7 percent, down from 4.9 percent a year ago. In the 12 months ending February 2017,...
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