Good News for US Housing ; Positive April Jobs Report

May 4, 2013

Jobs data released today is welcome news for the U.S. housing sector. Jobs drive real estate markets and fears of a stalling economy based on prior month’s disappointing job numbers has been weighing on the market.

The U.S. economy added 165,000 new jobs and the unemployment rate fell to 7.5 percent, hitting the lowest level since 2008, according to the Labor Department data released today

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