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A Better Jobs Report… amid all this Political Debt Nonsense.

July 28th, 2011 categories: About Us, For Buyers, For Sellers, Lake Tahoe Real Estate, National real estate news

Lots of our politicos talk about jobs, but more, simply, should talk less and do more about it!

Amid all of this political debt falderol, here comes a better U.S. jobs report, the best one we've seen here in South Lake Tahoe since last April.

Who knew? We've been, it seems, inundated with funky economic news for some time now.

With the house vote going on today over the debt ceiling, and all of the juvenile name-calling that will go with it, we doubt this story will get much traction, either in the media or the stock market, but it sure is a move in the right direction. For all of us, and our housing industry.

Truth is we need a lot more like these, and as we've written about frequently, the one key thing we all need to see is when our economy starts adding 300,000 jobs per month, month after month. That will signal growth, and it will be a joy to behold.

Today's job report is via the Associated Press (we like them, they're less partisan than the others), and here are a few bullet points:

• Weekly unemployment applications fell 24,000 to a seasonally adjusted 398,000.

• Thais is the first time applications have fallen below 400,000 in 16 weeks.

(full article here)

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Previous Lake Tahoe Real Estate Blog posts about jobs:

May 8, 2011:  A Good Jobs Report
Mar 4, 2011: Jobs Report: Good News for all of Us, and South Lake Tahoe too.
Mar 3, 2011: Caution: positive South Lake Tahoe housing news found here
Feb 10, 2011: More Better Economic News for South Lake Tahoe

Tags: Gary Bolen, jobless claims, jobs, Lake Tahoe Real Estate Blog, South Lake Tahoe Real Estate, Unemployment rate

This entry was posted on Thursday, July 28th, 2011 at 1:12 pm and is filed under About Us, For Buyers, For Sellers, Lake Tahoe Real Estate, National real estate news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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