Recent data from the U.S. Department of Labor indicates that Arizona, California, Florida, and Nevada — the four states hit hardest by the housing market collapse — are now seeing the most jobs growth. Combined, between August and December 2011, they accounted for 28 percent of the total national employment growth.
As conditions begin to improve, homeowners have been able to reduce debt while increasing their net worth. Most of the gains in these states have come from local industries.
Read more online at HousingZone.com.
Leave a Reply