US – Housing Starts vs Unemployment (Chart)

Housing stats lead unemployment figures anywhere from 6-18 months.  The logic being that housing triggers not just construction hiring, but effects nearly every other industry as a “house” virtually houses products from every other industry.  Ergo when housing recovers so too (generally) does employment in every other sector.

Chosen excerpts by Job Market Monitor. Read the whole story at Captain Capitalism: Housing Starts vs. Unemployment.