Economists' Outlook

Housing stats and analysis from NAR's research experts.

The jobs recovery in August was light with only 235,000 more jobs. From the cyclical low point during the total lockdown in April 2020, 17 million jobs have been recovered. Still, another 5 million is needed to just reach back to the prior peak right before the pandemic. The latest unemployment rate was 5.2% with wages rising by 4.8% over the year.

Advertisement

Related Content

Comment Policy

The opinions expressed in reader comments sections on this website are those of the reader and not NAR or REALTOR® Magazine.

About Economists' Outlook

Visit this blog daily to see what NAR experts are saying about the economy, the housing market, and other factors that will impact your business.