South Korea’s construction sector employment has fallen below 2 million for the first time since 2017, with 153,000 jobs lost over two years amid a housing market slump and declining construction orders.
#YonhapInfomax #ConstructionEmployment #SouthKorea #ConstructionOrders #HousingMarket #JobLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72677
The US housing market is experiencing a marked downturn, with falling sales and rising inventories raising concerns about negative spillover effects on the broader US economy, including weaker construction activity, employment, and GDP growth.
#YonhapInfomax #USHousingMarket #NationalAssociationOfRealtors #HomeSales #GDPGrowth #ConstructionEmployment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70401
US Housing Market Slump Flashes Warning Signs—Concerns Mount Over Negative Economic Spillover

The US housing market is experiencing a marked downturn, with falling sales and rising inventories raising concerns about negative spillover effects on the broader US economy, including weaker construction activity, employment, and GDP growth.

Yonhap Infomax