Monday, October 16, 2006

Housing works

so i decided to check out some housing employment stats. i just eyeballed the govt jobs report and tallied up jobs which i thought to be directly housing related (#'s are in 1000's. I find that 7.1mm jobs are housing related - and thats directly. That is about 5.3% of employment. Obviously in a housing tank not everyone will lose their job but i figured that might be offset by other jobs like deli workers, pavers, landscapers etc. Say its 15% layoffs...thats still a lot of jobs.

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4 ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb12.txt
5 Jul-06
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7 Housing affected 7,160.90
8 05.30%
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11 Total Nonfarm 135174
12 Constructino 7801
13 buildings 1802.1
14 residential 1004.7
15 non-res 797
16 heavy and civil 1047.2
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18 specialty trade contractors 4952
19 residential spec 2412.8
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22 Household and institutional furniture 371.6
23 Furniture and home furnishings stores 587.8
24 Household appliance stores 73.9
25 Home centers 679.4
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27 Real estate credit 357.1
28 Mortgage and nonmortgage loan brokers 144.7
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31 Real estate 1528.9
32 Offices of real estate agents and brokers 383.1
33 Offices of real estate appraisers 40.8
34 Other activities related to real estate 40.1

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