US Hiring Falls to Pandemic Lows as Housing Supply Rises Across Major Markets
Sourced from 5 publications
- •US private payroll growth has averaged just 18,000 per month recently, with hiring falling to pandemic-era lows according to Al Jazeera.
- •US rent growth slowed to 1.9% year over year in February as increased housing supply pressured landlords, per Zillow.
- •New Zealand homes available for sale reached an 11-year high in March, signaling cooling demand.
- •Australia's home approvals surged in February but remain below the country's key building targets.
- •Singapore private home prices rose at a reduced pace in Q1 despite continued demand for new properties.
Sources
Singapore Home Prices Rise at Slower Pace Despite Ongoing Boom
Bloomberg
Housing market loses momentum in March
Interest.co.nz
Home approvals jump as rates climb higher
Thewest
Hiring in the US drops to pandemic lows as job market under Trump stagnates
Al Jazeera
Zillow Reports U.S. Rent Growth Slows to 1.9% in February
mychesco
Curated from 5 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.
Related Stories
About Meridian
Meridian is a free daily newsletter delivering signal-scored news stories with forward-looking analysis every morning. Stories are scored across six criteria (global leverage, capital impact, temporal durability, career relevance, decision utility, and narrative clarity) then assigned to Big Signal, Core, or Quick tiers.
Get Meridian in your inbox
The stories that matter, every morning at 06:00.