The Real Estate Wonk: Jobs and housing - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

The Baltimore Sun > Business > Real Estate > The Real Estate Wonk

« Subprime and exotic loans: A bird's eye view | Main | Condo sales crimped »

April 2, 2008

Jobs and housing

Ten of the 25 metro areas that lost the most jobs in the past year were in Florida, California and Arizona, according to an analysis by economist Charles W. McMillion. Why do we care, you ask? Because these were hot-hot states during the housing boom and are really feeling the slump. It's a reminder that the housing market does affect the job market, for good and bad.

One of the metros on the top 25 for job gains: York-Hanover, Pa. (No. 24, with an increase of 3.1 percent or 5,500 jobs in the 12 months ending in February.) Home prices there are a lot lower than in the Baltimore-Washington region.

Click HERE to see a PDF of the top gainers and losers. Thanks to McMillion of MBG Information Services in Washington for sharing. (And as always, remember that the February numbers are preliminary and could be revised by the federal government later.)

Posted by Jamie Smith Hopkins at 12:44 PM | Permalink | Comments (0)

Post a comment

All comments must be approved by the blog author. Name-calling aimed at other commenters is not welcome here. Please do not resubmit comments if they do not immediately appear. You are not required to use your full name when posting, but you should use a real e-mail address. Comments may be republished in print, but we will not publish your e-mail address. Our full Terms of Service are available here.

Name:

Email Address:

URL:

Remember personal info?

Comments:

Verification (needed to reduce spam):

About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
• Baltimore Sun articles by Jamie

Follow @realestatewonk on Twitter