Howard Roth
Howard Roth
building gains growth impact job means percent related risk worry
The one risk I worry about is a slowdown in residential construction, and if that means a slowdown in construction jobs, that could have a significant impact on job growth totals for the state. A lot of our job gains have been construction and construction-related. At one time, as much as 40 percent of job gains were related to building things.
last second year
Last year was better than we thought, particularly in the second half.
housing worried
I'm worried about housing prices. It's getting a little scary.
job nine rude straight string
It's a rude interruption of that string of nine straight monthly job gains.
august came earlier employment increase schools
Enough schools may have started earlier this year, and, as a result, the increase in employment came in August and not in September.
fewer happening housing leaving people prices
What's happening is not so much that more people are leaving but that fewer people are coming. Our housing prices are pretty daunting, even more so than two years ago.
bit growth seeing
We're seeing increasingly broad-based growth in jobs. It's a little bit better-distributed, which is good.
changed coming fewer houses last people
The outflow hasn't changed much, but fewer people are coming here. Houses were already unaffordable, but they've become more so in the last two years.