Category Archives: Employment

Back to Work

From CNBC: New York City is getting closer to the tipping point in return to office work Jamie Dimon may have been off by a year, but New York City’s offices are finally starting to fill up. In May 2021, … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, NYC | 102 Comments

Recovery

From NJ1015: Jobs in NJ erase pandemic losses — but here’s how economy changed Employment in New Jersey has finally fully recovered from the losses suffered during the economic shutdowns imposed in the first months of the pandemic, according to … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 124 Comments

Ain’t gunna happen?

From the Washington Post: It’s a Housing Slump, Not a Crisis I’m in the process of building a house, so I recently met with the head of a real estate brokerage to discuss selling my current home in about a … Continue reading

Posted in Demographics, Economics, Employment, Housing Bubble | 61 Comments

Will services save us from recession?

From Quartz: The service economy is keeping the US from slipping into a recession As US manufacturing activity slows down, spending on services is keeping the American economy afloat, recent data suggests.  Growth in the services sector accelerated in August … Continue reading

Posted in Economics, Employment, Housing Bubble, National Real Estate | 68 Comments

Who pops first?

From MarketWatch: ‘An increasing squeeze on list prices.’ 3 top economists and real estate pros on the housing markets where home prices will drop the most this year Buyers in some markets are already getting — or may soon get … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 128 Comments

Feelin’ hot hot hot

From CNBC: Afternoon – any initial thoughts about if you need to rearrange resource alignment to accommodate for any changes in the portfolio structure? Job growth in August likely slowed from July’s frenzied pace, but it is still expected to … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 163 Comments

Auto default crisis? Or not?

From Jalopnik: It Sure Feels Like a Car Loan Crisis Is Coming There could be bad news around the corner as more and more car buyers are having difficulty keeping up with auto loan payments. According to a report from Automotive News, … Continue reading

Posted in Demographics, Economics, Employment | 74 Comments

Going to battle with NYC

From NJ Globe: Gottheimer, legislators combat NYC congestion pricing by offering incentives to keep jobs in N.J. Stepping up his fight against New York City’s congestion pricing plan, Rep. Josh Gottheimer (D-Wyckoff) and three Bergen County legislators today announced a … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, NYC | 160 Comments

Jobs Day!

From CNBC: Stock futures are flat with all eyes on the July jobs report Stock futures were little changed Friday as investors waited for the July jobs report, looking for further clues about the Federal Reserve’s path of rate hikes … Continue reading

Posted in Demographics, Economics, Employment | 74 Comments

Where people “go” to work

From the NYT: What Remote Work Debate? They’ve Been Back at the Office for a While. The competition for parking space is getting steeper. Commutes are inching longer. Workplace lounges are filling up with commotion as junior associates play cornhole. … Continue reading

Posted in Demographics, Economics, Employment, National Real Estate | 111 Comments

NJ: Want your tax break? Get back to the office.

Disregard the source, was trying to find a non-paywalled version of this article yesterday. From Florida Realtors: N.J. to Companies: Make Workers Return While companies continue to wrestle with the employee question – Should they be allowed to work remotely … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics | 152 Comments

Is Dr. Doom Right?

From Bloomberg: Shallow Recession Calls Are ‘Totally Delusional,’ Roubini Warns Economist Nouriel Roubini said the US is facing a deep recession as interest rates rise and the economy is burdened by high debt loads, calling those expecting a shallow downturn … Continue reading

Posted in Economics, Employment, National Real Estate | 234 Comments

Who to blame?

From Vice: Good News: Economy Sucks, You’re Screwed, and It’s All Your Fault, Economists Say Good news everyone: wage increases are slowing, raises are getting smaller, layoffs are beginning to happen, and inflation is all your fault. And you should … Continue reading

Posted in Demographics, Economics, Employment, Politics | 46 Comments

Welcome Back to … Normal?

From the APP: NJ private-sector jobs back to pre-COVID levels. But will hiring spree last? New Jersey added 9,800 jobs and its unemployment remained a low 3.9% in June, the state Department of Labor and Workforce Development said Thursday in … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 98 Comments

Relief?

From the Record: New Jersey taxpayers won’t find relief in Phil Murphy’s budget Gov. Phil Murphy and Democrats in the state legislature are lauding themselves for providing relief and improving New Jersey’s economy with their recently passed state budget. Neither … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics, Property Taxes | 68 Comments