Despite years
of strong job growth, it has not translated into higher prices in the form of inflation.
The portfolio of stable, income - producing properties is well positioned in markets
with strong job growth and limited new supply.
Strong job growth over the last year or so will bring more home buyers into the real estate market, and this in turn will boost local home prices during 2016.
The health care industry is expected to continue its rapid growth over the next several years, and this includes
strong job growth for medical assistants.
Despite years
of strong job growth, it has not translated into higher prices in the form of inflation.
Additionally, some new and emerging fields are expected to see
strong job growth in the coming year, including:
New York City, N.Y. — New York City and surrounding areas are
seeing strong job growth while the Upstate region is experiencing only modest gains as it continues to struggle from manufacturing losses, the Federal Reserve Bank of New York said Thursday.
For the decade spanning 2016 to 2026, medical assistants face good prospects with
very strong job growth of 29 percent, leading to 183,900 new positions.
«In several markets in the South and West — the two most popular destinations for vacation buyers — home prices have soared in recent years because substantial buyer demand
from strong job growth continues to outstrip the supply of homes for sale,» says Yun.
Fueled
by strong job growth and the strengthening economy, existing - home sales and contract signings both increased in November.
Things only got better when Friday's employment report from the Labor Department showed
strong job growth without inflation, giving the major averages another boost.
When Fed policymakers met in July, most of those fears had been eased
as strong job growth returned and financial markets weathered the «Brexit» vote.
The improving outlook is one reason the stock market has risen so sharply this year, even if street - level evidence for a turnaround,
like strong job growth and income gains, has been scant so far.
New York City and surrounding areas are seeing
strong job growth while the Upstate region is experiencing only modest gains as it continues to struggle from manufacturing losses, the Federal Reserve Bank of New York said.
Two sectors, however, both saw slight declines in employment: construction -LRB--15,000) and retail -LRB--4,000), after
experiencing strong job growth in February.
The BLS
projects strong job growth for physical therapist aides over the coming years, with overall employment expected to increase by 43 % from 2010 - 2020.
Experts say the pullback in job growth could be blamed partly on cold weather in March and the
much stronger job growth of 326,000 in February.
The average salary for principals at the elementary, middle, and high school grades was $ 90,410 per year as of 2015.2 Principals in these grades are projected to see job growth of 6 % from 2014 to 2024.2 Administrators in postsecondary education make a similar average annual salary of $ 88,580, with
stronger job growth prospects of 9 % from 2014 to 2024.3
Medical technologists can
expect strong job growth in the coming years, as the Bureau of Labor Statistics predicts a fast growth trend that may outpace other occupations.
On the bright side,
relatively strong job growth bodes well for the property type; as new hires soak up excess space currently under lease, firms will begin to expand their footprints at a faster rate.
«
Strong job growth helped boost consumers» assessment of current conditions, while brighter short - term outlooks for the economy and jobs, and to a lesser extent personal income, drove the gain in expectations,» says Lynn Franco, director of economic indicators at board.
Tim Naughton, CEO of AvalonBay Communities, the 17th largest landlord in San Diego County, says a combination of
strong job growth among young adults and the decision to marry later in life was helping business.
30 Year Fixed Rate Loan at a Cost of One Point: 3.625 % * (APR = 3.86 %) Rates edged up again primarily b / c of Friday's positive news
about strong job growth.
According to NAR Research, «Job creation is strongly associated with the demand and supply of homes:
strong job growth improves the prospect for home ownership, while job contraction in an area may lead to more homes being sold as people move out of the area.»
Office vacancy will end 2012 at 22.2 percent, down 70 basis points from the year before, and class - A vacancy will likely hover around 20 percent by year end, according to Marcus & Millichap, which also
cites strong job growth in its third quarter report.
«In addition, in some markets, like the Bay Area, Denver, most parts of Texas, there is
pretty strong job growth, which is important for housing demand.»
Riverside consists of three apartment buildings on 28 acres of land, which presents us with an opportunity for ground - up development of approximately 550 units in a submarket with limited planned new supply and
strong job growth driven by major employers such as the USPTO, NSF and MGM National Harbor.
«
Given stronger job growth, and low rates that are going to be sticking around for at least a little while longer, the U.S. housing market is still in good shape,» Jennifer Lee, an economist at BMO Capital Markets.
Lawrence Yun, NAR chief economist, said sales momentum is slowly building
behind stronger job growth and improving inventory conditions.
I might consider buying REITs now withe the sell - off, but I wanted to own a smaller portfolio of limited partnership real estate projects around the country in
strong job growth markets to hopefully gain a higher return.
Wisconsin has had
strong job growth over the past few years, and made significant strides in enacting legal reforms.
The employment report was «about as good as it gets from the market's perspective:
very strong job growth and very restrained wage growth,» David Donabedian, chief investment officer of CIBC Atlantic Trust said.
«In several markets in the South and West — the two most popular destinations for vacation buyers — home prices have soared in recent years because substantial buyer demand
from strong job growth continues to outstrip the supply of homes for sale,» he said.
«Overall, a report
showing strong job growth, a falling unemployment rate, and steady wage gains should be mildly hawkish for markets and supportive of continued but gradual Fed rate hikes, keeping a June hike well priced above 90 per cent,» TD said.
«That could spell trouble down the line if young firms are either not being created or not hiring because you're not going to see continued job growth or
as strong job growth in the future from those firms,» Shearer said.
The region is
experiencing strong job growth, according to a Los Angeles County Economic Development Corp. (LAEDC) report, with employers adding 105,000 in 2014 and potentially 104,000 more jobs this year.
Self - storage developers have been busy, especially in metro areas
with strong job growth like towns like Dallas, Phoenix and Nashville, Tenn. «Everyone is acutely aware that the pipeline of new development is high in the population growth markets,» says Ryan Clark, director of investment sales for SkyView Advisors, based in Tampa, Fla..
«Both San Francisco and San Jose have been red hot markets, supported in large part
by strong job growth.
«The labor market continues to maintain a steady pace
of strong job growth with little sign of a slowdown,» said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.
«The Canadian operations are performing well as a result of the stable economy, and in particular due to continued
strong job growth in Alberta.
The minister made the boast again this week in a speech to employers in Halifax, noting that «our government has created over one million net new jobs...
the strongest job growth over the recovery among G7 countries.»