Category Archive: Employment

Apr 14

Seattle/Bellevue/Everett jobless rate drops to 5.9%

The February jobless rate for the Seattle/Bellevue/Everett area dropped below 6%. The area has regained 82.3 percent of the payroll jobs it lost during the slump. The rest of the state: just over half. In King and Snohomish counties, which together make up the Seattle/Bellevue/Everett metro area, the seasonally adjusted jobless rate fell in February …

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Oct 25

Miami ‘Bubbling’ yet again?!

Record sales in waterfront property The truth is that Miami, more than any big city in the country, has two very different real estate realities somehow coexisting, at least for now, according to a recent article in the New York Times. For non-distressed properties along the water, sales activity is climbing, prices are on the …

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Apr 28

Economy growing and rents creep up

Despite uncertain impact of world events, economic growth slowly continues After having expanded at an annualized rate of 3.1 percent at the end of 2010, our total economic output grew at an annual pace of 1.8 percent last quarter, the Commerce Department reported this week. This quarter’s moderate growth pace marks the seventh straight quarter of positive …

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Mar 17

For JOBS, education still matters

Looking at this graph showing the unemployment rate according to four levels of education, one is clearly struck that, yes, education matters regarding jobs. The data starts in 1992 and includes only one previous recession (the stock/tech bust in 2001). You will notice that early last year those with “less than a high school diploma” recovered a little better than the …

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