What do home sales have to do with the job market?

Chris Farrell May 23, 2013
HTML EMBED:
COPY

What do home sales have to do with the job market?

Chris Farrell May 23, 2013
HTML EMBED:
COPY

When you can sell a house more easily you can go in search of a new job more easily. Domestic migration, when you move from one place in the country to another, plunged in the aftermath of the 2008 financial crisis. Now things are looking up. Existing home sales at their highest level since 2009. The latest monthly data on new home sales comes out this morning.

Marketplace economics correspondent Chris Farrell joins Morning Report host David Brancaccio to discuss why people are moving, where they are going, and what it means for the economy.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.