Blog Archives: December 2014

For quite a while it seemed that the most remarkable trend in U.S. housing demographics was the homeward migration of the millennial generation – young people who tried to live on their own after four years of college but moved back in with their parents when they couldn’t find jobs. That was during the Great Recession. Today, it’s a different generation that’s getting all the attention: baby boomers. And this time the roles are reversed. Analysts say millennial homeowners are increasingly making plans to accommodate their aging parents ...

After two months of declines, unemployment rates for the most part held steady across the Bay Area as the fourth quarter began, mirroring California’s flat job growth. According to the California Employment Development Department’s most recent unemployment report, jobless claims across the state were unchanged from September to October, remaining at 7.3 percent on a seasonally adjusted basis. The U.S. unemployment rate dropped to 5.8 percent in October, its fifth consecutive monthly decline. Job growth was equally static throughout most ...