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Unemployment Rate Remains Unchanged in March compared to February

March Unemployment Report from Bureau of Labor Statistics According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 228k in February, 2025 with the unemployment rate coming in at 4.2% – about the same as February. In addition, the report says employment in the federal government actually declined. […]

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The ADP National Employment Report for September 2024 reveals the latest trends in job growth and labor market dynamics across various industries.

News / Boston REIA

ADP National Employment Report for September 2024 According to the ADP National Employment Report for September 2024, private sector employment increased by 143k jobs and annual pay was up 4.7% year-over-year. The ADP National Employment Report is an independent and high-frequency view of the private-sector labor market based on the aggregated and anonymized payroll data

The ADP National Employment Report for September 2024 reveals the latest trends in job growth and labor market dynamics across various industries. Read More »

Local Market Monitor’s National Economic Outlook for October ’23 is a comprehensive analysis of the current state of the national economy.

News / Boston REIA

National Economic OutlookBy Ingo WInzer October, 2023 Although the national economy is experiencing a job growth rate of 2 percent, a closer look reveals some concerning trends. In sectors such as manufacturing, finance, and retail stores, job growth is below 1 percent. The restaurant industry is an exception with a high job growth rate of

Local Market Monitor’s National Economic Outlook for October ’23 is a comprehensive analysis of the current state of the national economy. Read More »

Housing Construction Plummets in August

News / Boston REIA

The U.S. government has released a report stating that privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000. This is 11.3% lower than the revised number for July and 14.8% lower than the same time last year. In August, there were 334,000 units in buildings with five units or more.

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U.S. Employment Situation – August 2023

News / Boston REIA

Total nonfarm payroll employment increased by 187k, in August 2023, with the unemployment rate rising to 3.8%.

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Local Market Monitor’s National Economic Outlook for March ’23

News / Boston REIA

March, 2023 The number of jobs in February was 2.9 percent higher than last year, normally an indicator of strong economic growth, but the increase was 3.3 percent in January, 3.5 percent in December. The rate of improvement is slowing down, which probably means that we’re still counting pandemic recovery jobs as new jobs, and

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