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Snow Job – Can 20,000 Hires be Wrong?


The shortest month broke all records for “snow days” in cities that never see snow. Whether snow is responsible or not for the U. S. Labor Department’s February Jobs Report that added only 20,000 jobs, the lowest number in 18 months sparked fears of a downward trend. But not from what we are seeing looking at jobs added to our Real Estate Professional Association Job Network. In fact, Real Estate job opportunities are trending up:

January (23 business days) added 194 jobs or 8.4 jobs per day
February (19 business days) added 179 jobs or 9.4 jobs per day
March 1-12 (8 business days) added 150 jobs or 20 jobs per day

On the other side of the equation, since January 1, 2019, nearly 3,000 new registrants, looking for new opportunities, were added to our already 300,000 registered Candidates. February was the first time in 19 years out of 133 that Punxsutawney Phil predicted an early spring. I’m convinced from the numbers, sunny days are ahead for our industry.

About the SelectLeaders Job Barometer

The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.

About the SelectLeaders Real Estate Job Network

SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC


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