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Calculated Risk

5/20/2021 02:11:00 PM Note: I m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.  Remember sales were weak in April 2020 due to the pandemic, so the YoY sales comparison is easy. The Arizona Regional Multiple Listing Service (ARMLS) reports ( Stats Report ): 1) Overall sales were at 9,476 in April, up 36.8% from 6,925 in April 2020. 2) Active inventory was at 4,541, down 67.3% from 13,889 in April 2020. 3) Months of supply decreased to 0.96 in April from 2.59 in April 2020. This is very low. Inventory in April was up 3.6% from last month. Posted by Calculated Risk on • Revenue per available room (RevPAR): US$67.05 (-29.2%)

State to end participation in feds unemployment programs | News

May 20, 2021 4 hrs ago CHARLESTON — Effective June 19 at midnight, West Virginia will end its participation in all federally funded pandemic unemployment compensation programs. “West Virginians have access to thousands of jobs right now,” said Governor Jim Justice. “We need everyone back to work. Our small businesses and West Virginia’s economy depend on it.” Federal pandemic unemployment programs set to end on June 19 include the following: • Federal Pandemic Unemployment Compensation (FPUC), which provides for an additional $300 weekly payment to recipients of unemployment compensation • Pandemic Unemployment Assistance (PUA), which provides benefits for those who would not usually qualify, such as the self-employed, gig workers and part-time workers

Initial Unemployment Claims Rise By 12 8% In Maryland

Reply First-time jobless claims in Maryland rose last week to 15,358, up from 13,612​ the previous week, according to official state data. (Shutterstock) MARYLAND The number of Maryland workers who applied for first-time unemployment benefits increased to 15,358 last week, according to data released Thursday by the state s labor department. The latest figure which covers the week ending May 15 represents a 12.8 percent increase from the 13,612 claims that were filed the prior week. It also pushes the total number of claims to more than 1.85 million since coronavirus shutdowns began. While the number of initial filings has dropped substantially from its peak in May 2020, it is still high by historical standards.

Massachusetts to reinstate work search requirements for unemployment benefit claims

Massachusetts to reinstate work search requirements for unemployment benefit claims Share Updated: 7:40 PM EDT May 20, 2021 Unemployment checks Share Updated: 7:40 PM EDT May 20, 2021 Massachusetts is tightening up access to jobless benefits as the state emerges more fully from the pandemic.Work search requirements will be reinstated for all those seeking regular unemployment insurance benefits beginning the week of June 15, the Baker administration announced Thursday.The requirement applies to those receiving Pandemic Emergency Unemployment Compensation and those on extended benefits. Massachusetts suspended work-search requirements in March 2020, following updated federal guidance at the outset of the pandemic. The change comes after Gov. Charlie Baker announced the state is set to lift all COVID-19 restrictions and complete the state’s reopening process on May 29. Baker also said that the statewide COVID-19 state of emergency will end on Jun

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