ends year on strongest note since 2009 Improving fundamentals bode well for real estate
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Good news for the real estate industry: U.S. employment grew for the 75th straight month in December and wage growth was the strongest since 2009.
The unemployment rate inched up to a seasonally adjusted 4.7 percent, from 4.6 percent in November, because more Americans are joining the workforce.
The U.S. economy added a net 156,000 jobs last month, according to the labor department. Average hourly pay for private-sector employees rose by 10 cents to $26.
Sluggish wage growth in recent years has been holding back apartment rents and retail spending, so the latest uptick should ben爱上海同城手机版