Tuesday, April 15, 2008
Cut Jobs
The slumping economy has cost some in industry to cut jobs and slow the development (supplies) in the housing markets. This has one of the majorly hit markets in the country's slumping economy. In fact one article stated, "In Washoe County, residential buildling permits dropped 67 percent since peaking at 6,404 permits in 2005. The 2,089 permits for 2007 are 39 percent lower than the previous year and the lowest number of new home permits in 15 years." The housing market, which directly impacts individuals employability, is getting obviously worse and people are looking to politics for some form of resolution. http://www.kolotv.com/home/headlines/13947612.html
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