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Housing Economists Offer Mixed Views on Jobs Data

Housing Economists Offer Mixed Views on Jobs Data

by Phil Hall | May 3, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy that is too hot is not good for interest rates,” said...

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