Author Archives: marcusmillichap

Hessam Nadji is…

Unemployment Claims Hit All-Time High, Ending a Decadelong Run of Job Growth

    I UNEMPLOYMENT MARCH 2020 I Research Brief Unemployment Claims Hit All-Time High, Ending a Decadelong Run of Job Growth I Coronavirus pandemic brings job creation to a halt. A record 3.28 million workers filed for jobless benefits in the week ending March 21 as the impact of COVID-19 hit the U.S. economy, putting […]

Job Creation Exceeds Expectations; Pace Could Fluctuate in Coming Months

    I EMPLOYMENT MARCH 2020 I Research Brief Job Creation Exceeds Expectations; Pace Could Vary in Coming Months I Employment growth remains strong. Employers added 273,000 positions in February, the strongest pace of job creation since May 2018. Figures from December and January were also revised up by a combined 85,000 jobs, producing an […]

New Year Begins on High Note With Hiring Surge in Construction Sector

  I EMPLOYMENT FEBRUARY 2020 I Research Brief New Year Begins on High Note With Hiring Surge in Construction Sector I Better-than-expected job additions do not sway forecasts. Employers added 225,000 positions to payrolls in the first month of 2020, starting the year off on a strong foot after an average of 176,000 roles were […]

More People Emerge From Sidelines To Join Historically Strong Job Market

  I EMPLOYMENT JANUARY 2020 I Research Brief People Emerging From Sidelines To Join Historically Strong Job Market I December job additions affirm steady growth for 2019. Employers expanded payrolls by 145,000 positions in December, bringing the total number of jobs created in 2019 to 2.1 million. That is below the total for 2018 but […]