You'll feel right at home with me!: Private Sector Jobs Continued To Increase In January

Private Sector Jobs Continued To Increase In January

Please read  this wonderful Market Update... things are off in thte right direction!

George, Thank you for sharing such a positive market update. I think more people need to realize that things are getting better. I agree with you things are heading in the right direction. :)

The January Jobs Report is out, and private sector jobs continued to increase in January with 243,000 new jobs, and reducing unemployment figures to there lowest point in three years.  That means that nationally the unemployment rate has fallen to 8.3%.

The major increase in jobs were in Manufacturing, Business Services, Hospitality and Leisure.  The Construction Industry also saw an increase of 21,000 jobs over December.  Unfortunately the increase in construction jobs were only in non-residential construction and specialty trade contractors, with very little if any improvement in other housing related fields.

According to Federal Reserve, Chairman Ben Bernanke, housing continues to be a major block to our economic recovery.  Even though there are signs of increased home sales in the last few months, we are still not near being able to claim that we have turned the corner in the Real Estate Market.

However, this report was a positive one in my opinion, and in a time where we are still being bombarded with negative new from the news media, this is a pleasant change.  Who knows a few more months of news like this, and the change that we have been hoping and praying for may just become a reality.



Who To Call For Your Mortgage Needs In Connecticut:

George Souto NMLS# 65149 is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Higganum, Haddam, East Haddam, Chester, Deep River, and Essex. George can be contacted at (860) 573-1308, or visit my McCue Mortgage Homepage.


JodiAnn Garone

Cell 732-221-9331



 33 West Main Street, Holmdel, NJ 07733
 Phone 732-444-6555 x 127  Fax 732-444-6646


Comment balloon 0 commentsJodiAnn Garone • February 16 2012 08:51AM