Feb
18

Home Building Can Help Fuel Job Growth

February 18, 2013

Job Application Photo 1The spring job forecast is looking positive, and part of that is due to the housing industry. More than 28,000 jobs were added to the construction sector last month, and the numbers are expected to grow in the coming months. Around 37,800 jobs were added to the Chicago area in 2012, an increase from 2011, when only 33,700 jobs were added.

According to the National Association of Home Builders, each new home that is built creates an average of three new jobs. A recent uptick in builder activity is leading to more hiring in the following areas: carpenters, real estate agents, loan processors, bricklayers, carpet installers, landscapers, furniture makers, painters, appliance manufacturers and more.

Economists also believe that a strengthening housing market will make it easier for more people to sell their homes and take jobs in areas that need a stronger labor supply. A recent talk at the International Builders’ Show revealed that economists believe there is a strong correlation between job growth and the housing market, and increased success in both areas will benefit homeowners across the country.

Categories: Economy

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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