CHART OF THE DAY: What Will Replace The Lost Housing Jobs?

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The housing bubble made everyone feel wealthier, and it was also a great engine for jobs. As housing starts bee-line towards zero, jobs in the construction industry are rapidly evaporating. So if you’re in the camp that thinks the economy will rebound soon, tell us this: what industry is out there that will re-hire all the millions of lost real estate jobs?

new housing starts, construction employment

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