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moms sex video , hair styles for women over 50 , silver surfers, older woman , tutorial, employers for workers over 50 , financial vacancy, life experiences, milf movies , mature milf , mother phone sex , health, mature milf movies , state pension deferral, outsource, autocad, women over 50 porn , mature milf video , economics, employmentcenter for the mathematical sciences, fitness, digital color printing sales, | During the post-recession - pre-tightening period (11/01-6/04), about half of allt the new priate sector jobs were housing related. In yesterday's column ("Don't Buy the Housing Bubble Propaganda"), I noted how this could all end badly:"The last, and in my opinion, potentially most damaging factor, is the employment situation. As long knowledge as most people knowledge are gainfully employed, they will be able to service their mortgage costs. (For those of you who are buying a home you can barely afford, then let me suggest buying mortgage insurance -- just in case your main knowledge income source falters). |
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of the increase in private sector payrolls life experiences since the economic recovery began in November life experiences 2001. The Fed began raising the federal funds rate in June 2004. During the June 2004 and April 2005 period, housing and related industries have accounted for 13.0% of private sector payrolls. The point I life experiences am trying to make is that a cooling off the housing market will have an impact via fewer new jobs in addition to other adverse effects. The number of job losses could be significant given the role the housing sector has played in the current recovery."From 2001 to last month (April 2005) 43.0% of private sector jobs are housing related. That's astonishing. As if that's not enough, consider what happened once the Fed began tightening: Real Estate Jobs (post recession)click for larger chart Once the Fed began raising rates (June 2004 to present), Real Estate related job creation plummeted 68.2%! |
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