[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2i7lkljwdybep":3,"$ffeh0925h8cuz":38,"$f2emv3tus0uf1":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":26,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":24,"updatedAt":25},1771,"an-honest-look-at-unemployment-numbers","An Honest Look at Unemployment Numbers","Last Friday, the \u003Cem>Bureau of Labor Statistics\u003C\u002Fem> released the \u003Ca href=\"https:\u002F\u002Fwww.bls.gov\u002Fnews.release\u002Fpdf\u002Fempsit.pdf\">November Jobs Report\u003C\u002Fa>. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a \u003Ca href=\"https:\u002F\u002Fwww.wsj.com\u002Farticles\u002Fnovember-jobs-report-unemployment-rate-2020-11607028480\">quote\u003C\u002Fa> from \u003Cem>Glassdoor\u003C\u002Fem> \u003Cem>Senior Economist\u003C\u002Fem>, Daniel Zhao:","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F07161722\u002F20201208-KCM-Share-1.jpg","Last Friday, the \u003Cem>Bureau of Labor Statistics\u003C\u002Fem> released the \u003Ca href=\"https:\u002F\u002Fwww.bls.gov\u002Fnews.release\u002Fpdf\u002Fempsit.pdf\">November Jobs Report\u003C\u002Fa>. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a \u003Ca href=\"https:\u002F\u002Fwww.wsj.com\u002Farticles\u002Fnovember-jobs-report-unemployment-rate-2020-11607028480\">quote\u003C\u002Fa> from \u003Cem>Glassdoor\u003C\u002Fem> \u003Cem>Senior Economist\u003C\u002Fem>, Daniel Zhao:\u003C!--more-->\r\n\u003Cblockquote>\u003Cem>“We saw positive job gains, but I think the sentiment is largely negative because we know that we’re heading into a dark winter.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThere’s no doubt that millions of households have been - and continue to be -devastated by the economic downturn caused by the pandemic.\r\n\r\nWe should, however, put the current situation into perspective. Where we currently stand is much better than where most experts thought we would be at this time. Jed Kolko, \u003Cem>Chief Economist\u003C\u002Fem> of \u003Cem>Indeed\u003C\u002Fem>, explained in his \u003Ca href=\"https:\u002F\u002Fwww.hiringlab.org\u002F2020\u002F12\u002F01\u002F2020-labor-market-review-2021-outlook\u002F\">State of the Labor Market\u003C\u002Fa> that, though the situation is not good, we’re doing better than original expectations:\r\n\u003Cblockquote>\u003Cem>“Though the labor market rebound is incomplete, it has nevertheless surpassed expectations. In May, after payrolls plunged and unemployment spiked, the Wall Street Journal panel of economic forecasters projected unemployment would be over 11% in December 2020 and not fall below 7% until the first half of 2022 — a milestone already passed in October.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nWith the announcement that vaccines should be available soon, we’re not far from the most damaged segments of the economy gaining momentum again.\r\n\r\nJeff Sparshott of the \u003Cem>Wall Street Journal\u003C\u002Fem> recently \u003Ca href=\"https:\u002F\u002Feconomics.cmail19.com\u002Ft\u002FViewEmail\u002Fd\u002F5899B6E8ECF443972540EF23F30FEDED\u002F5323CD85A2087AFD22947492D9797BBC\">wrote\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Even with signs of a recent slowdown, the labor-market recovery since this spring has been stronger than most economists expected. Many now project widespread vaccine distribution will eventually help lift the economy further as businesses are allowed to reopen and consumers feel more comfortable traveling, going to the movies.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThough millions of Americans are still out of work, the situation was forecasted to be even direr than it is today. Once a vaccine becomes available, the economy should complete its comeback, and so should the labor market.","\r\nThough millions of Americans are still out of work, the situation was forecasted to be even direr than it is today. Once a vaccine becomes available, the economy should complete its comeback, and so should the labor market.",false,[16,20],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers","2020-12-08T10:00:32Z","2020-12-08T11:00:32Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":14},1770,"how-remote-work-can-power-your-vacation-home-sale","How Remote Work Can Power Your Vacation Home Sale","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F03102530\u002F20201207-KCM-Share.jpg","2020-12-07T10:00:07Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":14},1772,"are-home-prices-headed-toward-bubble-territory","Are Home Prices Headed Toward Bubble Territory?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F08133915\u002F20201209-KCM-Share.jpg","2020-12-09T10:00:16Z",{"cover":39,"open":40,"shareSpread":41},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[47,51,52,53,57,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":21,"name":22,"slug":23},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":78,"name":79,"slug":80},38,"Move-Up","move-up",{"id":82,"name":83,"slug":84},41,"For Sale by Owner","for-sale-by-owner",{"id":86,"name":87,"slug":88},42,"Featured","featured",{"id":90,"name":91,"slug":92},45,"New Construction","new-construction",{"id":94,"name":95,"slug":96},52,"Luxury \u002F Vacation","luxury--vacation",{"id":98,"name":99,"slug":100},53,"Rent vs. Buy","rent-vs-buy",{"id":102,"name":103,"slug":104},80,"Time-sensitive","time-sensitive",{"id":106,"name":107,"slug":108},81,"Outdated","outdated",{"id":110,"name":111,"slug":112},147,"Internal","internal",{"id":114,"name":115,"slug":116},148,"Do Not Autopost","do-not-autopost",{"id":118,"name":119,"slug":120},320,"Inventory","inventory",{"id":122,"name":123,"slug":124},321,"Agent Value","agent-value",{"id":126,"name":127,"slug":128},322,"Affordability","affordability",{"id":130,"name":131,"slug":132},323,"Buying Tips","buying-tips",{"id":134,"name":135,"slug":136},324,"Downsize","downsize",{"id":138,"name":139,"slug":140},325,"Economy","economy",{"id":142,"name":143,"slug":144},326,"Equity","equity",{"id":146,"name":147,"slug":148},327,"Forecasts","forecasts",{"id":150,"name":151,"slug":152},328,"Selling Tips","selling-tips",{"id":154,"name":155,"slug":156},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":158,"name":159,"slug":160},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]