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The housing market overall has indicators showing that inventory is in decline, or stagnant while home sales are increasing from the same period last year, and a slight decline from last quarter. To me I see this as would be sellers seeing improvements in the market and waiting to list their homes. This has lowered the inventory of available homes which contributed to an uptick in home prices.
The number of private sector jobs, increased 0.8% from the same time last year. Not sure how I interpret this statistic but I'll assume jobs are not in decline. How secure are people feeling in their current jobs?
As for housing in general, it's safe to assume you would not see improvement unless people are employed and feel secure if their jobs. One might not purchase a home if they're not secure about their future.
Anyone else has thoughts on Long Island, how are we all doing?
That 0.8% represents about 8,000 jobs. How much did the population increase? From 2010-2011 Nassau/Suffolk gained about 10,000 residents, according to The Long Island Index. 2012's numbers aren't available. So the question is how does this 0.8% affect the unemployment numbers? Did more than 8,000 people hove here?
I can't speak to the employment, but as far as real estate, the big story here in Huntington is inventory, specifically lack thereof. The average time on the market is still high, but has gone down significantly over the past couple months. Even so, well priced houses that are in relatively good shape and priced fairly are going quickly, sometimes with multiple offers. On the lower end of the price range, we have seen prices go from being flat to rising. All in all, very hopeful signs.
We are a medium size employer on long island . We have been adding people the last few years.
We are still hiring but the problem is there are mostly those left that are really not suitable for employment.
Every company has their core best of breed employees. This core would never be layed off unless the company was going out of business.
Even then these employees rarely hit the street before they are snatched up.
What we are seeing is those that companies flagged as disposable.
More then half of what we see
Can not pass a drug test
The rest have trouble passing a back ground check, credit check or a simple math test.
Many can barely speak english , many sound like street thugs and the rest just dress like the corner drug dealer
On the lower end we had warehouse applicants tell us they want at least 25 dollars an hour because that is what their unemployment check and working at the local bodega is the equal of.
It is a joke trying to get help.
You tell me what the real unemployment numbers are once you weed out those who either are not employable or don't want to give up their unemployment checks.
Employees was one reason why we sold our business last year. It was getting harder to get quality employees, ones that didnt do side jobs, ones that had clean licenses, ones that were dependable.
From a high of employing 15, we are so glad that phase is gone. Yes, we were paying well above the going rate, offering health benefits also. But still the last employee we hired, stole gas from us.
The rest have trouble passing a back ground check, credit check or a simple math test.
Many can barely speak english , many sound like street thugs and the rest just dress like the corner drug dealer
On the lower end we had warehouse applicants tell us they want at least 25 dollars an hour because that is what their unemployment check and working at the local bodega is the equal of.
It is a joke trying to get help.
Apple store employees are well educated through college and articulate. If you go there for service, you will observe that most of them will easily pass a drug test, can speak fluent english and spanish (and discuss philosophy), dress well in the hipster sense and work for $18/hr or less. They also probably score well in SAT math. Could your company possibly poach from Apple stores?
I doubt anyone can compete when the kids get to work for apple.
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