Thanks to a recovering job market, the U.S. housing market is enjoying a resurgence, which in turn is leading to even more job creation. A new study from CareerBuilder and Economic Modeling Specialists Intl. (EMSI) indicates that as home prices and sales begin to inch up again, several industry segments tied to the housing sector have experienced encouraging job growth over the last 12 to 18 months.
Since 2011, the U.S. has added more than 187,000 construction jobs (a 2 percent increase), and more than 59,000 additional housing supply chain jobs (an increase of 3 percent).
Among the specific segments within the housing supply chain with an upward trajectory for job creation from 2011 to 2013, the top five are mortgage and nonmortgage loan brokers; home centers and other home furnishing stores; building materials dealers; hardware, paint and wallpaper stores; and upholstered household furniture manufacturing.