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Tag Archives: economists blame the messy

The Relationship Between Housing and Jobs

Most economists blame the messy bursting of the housing bubble for the Great Recession, yet it's jobs that are discussed the most on the news. So what is the relationship, if any, between jobs and housing when it comes to the future of the economic recovery? Is it one of those vicious cycles where people can't get jobs until the housing market recovers, but with a shaky job market no one is buying houses to put an end to the decline in housing? Just reading that sentence is enough to cause a headache. Recently Mint.com, a personal finance website, had a map showing the future of job growth around the country.

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