(From San Jose Mercury News)
Jobs in the housing industry have plunged in the last few years amid sluggish home sales and crippled credit markets, leaving thousands of real estate agents and mortgage brokers struggling to make a living.
“We expect to see continued carnage in these sectors for the next couple quarters,” said economist Ryan Ratcliff [...]
June 7, 2008
Mortgage Brokers and Real Estate Agents Leaving Industry In Record Numbers
June 7, 2008
Job Losses and Surge in Oil Spread Gloom on Economy
June 7, 2008
By PETER S. GOODMAN, The New York Times
The unemployment rate surged to 5.5 percent in May from 5 percent — the sharpest monthly spike in 22 years — as the economy lost 49,000 jobs, registering a fifth consecutive month of decline, the Labor Department reported Friday.
The weak jobs report, coupled with a staggering [...]
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