Tag Archives: Job Growth

U.S. Supersector Employment Changes from 1950 to 2020

As an economist, every time I drive through or fly into a new town or city I wander what the people there do to earn a living.   That’s why my most frequently used term and descriptor of the economy is, “Jobs are everything.  Period.  It’s all about jobs.” The numbers and types of jobs Americans …Read more

Best Paying Jobs Without a College Degree

Not all well-paying jobs require a college degree — just as college is not for everyone.  Likewise, many jobs not requiring a college degree are not for all workers.  Physically demanding jobs limit some, as do higher-risk occupations.  Even though a job may not require a college degree, it is not uncommon to see people …Read more

Existing Home Sales Plunge in May 2020

Existing home sales in May 2020 plunged from a seasonally adjusted analyzed rate (SAAR) of 5.76 million in February to 3.91 million as of May (down 32.1 percent  and a year-over-year drop of 26.6 percent according to the National Association of Realtors® (NAR).  In comparison, during the housing bubble implosion, the largest decline was 30.1 …Read more

Improving State Employment Numbers – May 2020

After plunging in April 2020, state job growth resumed in May with 49 out of 50 states recovering some of the jobs lost since the start of the Coronavirus pandemic.   Only Hawaii and the District of Columbia posted an additional decline in May, with the Aloha state losing 6,000 jobs (-1.1 percent) and the District …Read more