Economic Straight Talk: March Job Growth Slows, but There Is a Silver Lining
Pacific Union Chief Economist Selma Hepp takes a look at the latest U.S. job numbers.
Following a strong start to 2017, with an average of 217,000 jobs added in the first two months, the U.S. Department of Labor reported that March job growth slowed to 98,000. The slowdown is largely attributed to milder weather conditions in the first two months of the year, which led to more early hiring, but that is arguable considering that weather patterns varied widely across the country. The three-month average is still at a strong 178,000 jobs added.
To read the full analysis by Pacific Union Chief Economist Selma Hepp, click here: http://pacunion.us/2oNvkqm.
About The Mark Company
The Mark Company is one of the nation’s premier urban residential marketing and sales firms. Founded by Alan Mark in 1997, The Mark Company provides a full range of core consulting services including analytics, design, marketing and sales for urban high-rises and suburban attached properties throughout the Western United States. The firm is a trusted partner to global leaders in residential development and finance, providing buyer-driven sales and marketing strategies that produce industry-leading results. The Mark Company has represented more than 10,000 residences and generated over $5 billion in sales for some of the nation’s most notable and successful developments including The Infinity in San Francisco, Evo in Los Angeles and The Martin in Las Vegas. Current projects include 181 Fremont Residences and The Austin in San Francisco and Cavalleri in Malibu. The Mark Company is a subsidiary of San Francisco-based Pacific Union International, the ninth largest residential real estate brokerage in the U.S. based on 2015 sales volume of $8.22 billion. Pacific Union merged with Los Angeles-based brokerage John Aaroe Group in December 2016. This strategic business collaboration links three of the strongest residential real estate firms on the West Coast, supporting combined 2016 production of $10.1 billion by 1,161 real estate professionals in 38 offices throughout California. The Mark Company benefits from an enriched leadership team, innovative technology and added global reach through its affiliation with Christie’s International. For more information, please visit www.themarkcompany.com.