Tuesday, April 7, 2026

Job Hopping Declines During Pandemic

Wed, 28 April 2021  |  employment pandemic 

U.S. job switching rate declines 2.0 percentage points since the start of the pandemic in March 2020, while wages for U.S. workers grew 5.9 percent over the last year, increasing the average wage level by $1.71 to $30.84 an hour according to the ADP Research Institute® Workforce Vitality Report (WVR) released today. Employment growth demonstrated a continued downward slide by -7.0 percent. The average wage growth is higher than expected as a result of significant job losses among low wage earners, which increased the average. "The significance of this data is a pre- and post-pandemic asse... Read More

Home Prices Jump 12 Percent Through February

Tue, 27 April 2021  |  economy housing 

U.S. home prices continued to increase at a blistering pace through February, jumping 12 percent on an annual basis. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 12.0% annual gain in February, up from 11.2% in the previous month. The 10-City Composite annual increase came in at 11.7%, up from 10.9% in the previous month. The 20-City Composite posted an 11.9% year-over-year gain, up from 11.1% in the previous month.

Phoenix, San Diego, and Seattle reported the highest year-over-year gains among the 20 citi... Read More

Younger Americans Bearing the Brunt of Pandemic Financial Stress

Tue, 27 April 2021  |  pandemic demographics 

In the year since the COVID-19 Pandemic began impacting all facets of American life, new data shows young adults are three times more likely to say they are experiencing pandemic financial stress compared to older adults. Three in four younger Americans ages 18 through 34 (75 percent) say they have been at least somewhat stressed about their financial situation since the pandemic began, compared with about 1 in 4 (27 percent) older Americans ages 65 and up. This according to new research conducted by The Harris Poll on behalf of the American Institute of CPAs (AICPA).

“Finan... Read More

Online Brokerage Firms Strain under Weight of New Investor Surge

Tue, 27 April 2021  |  investing 

With more than 10 million new brokerage accounts opened in 2020 as mainstream investor interest skyrocketed during the pandemic, retail brokerage firms struggled to deliver a seamless customer experience. According to the J.D. Power 2021 U.S. Self-Directed Investor Satisfaction Study,^SM released today, the number of problems cited by customers doubled during the past year, with website issues, processing and trade execution failures and account statement errors leading the way.

“The significant influx of new investors—and increased trading volumes and overall en... Read More

US Consumer Confidence Up Sharply Again in April

Tue, 27 April 2021  |  consumers economy 

The Conference Board Consumer Confidence Index® rose sharply again in April, following a substantial gain in March. The Index now stands at 121.7 (1985=100), up from 109.0 in March. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—soared from 110.1 to 139.6. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—rose moderately, from 108.3 last month to 109.8 in April.

The monthly Consumer Confidence Survey®, based on a probability-design random sample, is c... Read More

Urban Single-Family Homes Are Seeing the Fastest Price Growth

Tue, 27 April 2021  |  housing real estate 

Prices of urban single-family homes are rising nearly 20% year over year—faster than any other type of home—according to a new report from Redfin. But this year's hot housing market doesn't discriminate: Urban condo sales are up nearly 30% year over year, more than any other home type.

Key takeaways from Redfin's analysis, which looks at the housing market divided into five categories (urban single-family homes, suburban single-family homes, rural single-family homes, urban condos, suburban condos) during the 12 weeks ending April 4 include: