Category Archives: Employment and Unemployment

U.S. economic forecast: it’s not over yet

Just as some good news finally came our way in June, increasing our hopes that the soft patch in the economy may finally be behind us, the government’s payrolls report on July 8 indicated that it isn’t over yet. Automatic Data Processing’s (ADP’s) June private payrolls survey had showed that employers had added a solid […]

Liquidity is a key focus as the recovery for U.S. homebuilders remains elusive

Standard & Poor’s Ratings Services’ base-case outlook for credit quality in the U.S. homebuilding sector is generally stable through the balance of 2011 despite a disappointing spring selling season. Our cautiously stable outlook for 2012 could tilt in a negative direction if our baseline forecast for a modest housing recovery again fails to materialize and […]

Don’t Blame All of Housing on Unemployment

This morning’s Employment Report for May was disappointing with the unemployment rate up 0.1 to 9.1% and weaker than expected growth in payrolls.  Many people point to the poor employment picture as the leading reason for falling home prices.  Without question, employment and people’s views of the labor market are important, but they are not […]

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