US Home Mortgage Industry Down to 248,000 Jobs

The US Home Mortgage Industry is in freefall as half the workforce has been laid off in the last five years.

US Home Mortgage Industry Down to 248,000 Jobs

Here are the official comments the numbers come from the Bureau of Labor Statistics and were compiled by the Mortgage Bankers Association – quote – Employment in the U.S. home mortgage industry has plummeted by more than 50 percent since the market peaked, down to 248,000 jobs as of February from more than 500,000 in early 2006. So when and if the market gets back on track the sector will no doubt looking to re-employ the 250 thousand who have been forced out in the long and arduous economic recession.

β€˜It is going to be a long uphill climb back to a vibrant and profitable housing market!’

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