Housing Market Slowdown
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 4 November 2022
⏱️ 15 minutes
🧾️ Download transcript
Summary
I joined CBS Mornings to provide an update on the housing market, as mortgage rates hit a 20-year high. We also chatted about the rental market and provided some advice for homeowners staying in their homes.
Have a money question? Email us, ask jill [at] jill on money dot com.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 1:04.1 | Welcome to the Jill on Money Show. It's Friday, November 4th. Hey, it's jobs report Friday. |
| 1:10.8 | I know it's so exciting for you all. Here's what we think is going to happen. We think that |
| 1:17.5 | there will be around 200,000 jobs created. We think that the unemployment rate's going to be, |
| 1:23.0 | you know, kind of where it's been, three and a half, three point six percent or so. |
| 1:27.0 | That's pretty close to a 50 year low. And we think that the labor force is not changing that much |
| 1:32.5 | in terms of size. The one area that I'm focused on for this report, I usually like the job creation |
| 1:39.4 | number, but I'm a little more focused on the wage component because, you know, we just had a |
| 1:44.0 | federal reserve meeting this week. And the Fed is not easing up anytime soon on rate increases, |
| 1:52.2 | partially because the labor market is so strong. And one area that they're focused on, |
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