Posts Tagged: Chicago employment

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Chicago Employment Continues Its Nosedive

The preliminary September labor statistics for the Chicago metro area show that employment is back on the decline after several months of improvement. 367,000 jobs have been lost since the peak in July, 2007 and 217,000 jobs have been lost in just the last 12 months. That’s a lot of potential homebuyers. We are now… Read more

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Chicago Employment Approaching Decade Lows

Just updated the employment picture for the greater Chicago area and it’s not pretty. Essentially all the growth of the last decade has been wiped out and the unemployment rate is the highest it has been over that decade. Of course, the housing stock was built (and continues to be built) for employment levels we… Read more