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U.S. housing recovery to boost job market, says Goldman Sachs report

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The pace of residential investment-related employment is predicted to pick up this year and in 2014 thanks to the housing recovery, CNBC reported, citing a Goldman Sachs report issued this week. Moreover, the increase in employment could mean the addition of 25,000 to 30,000 jobs monthly — a far cry from the 14,000 average monthly over the past year. These jobs include construction, manufacturing, real estate and wholesale trade, to name some examples.[more]

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Goldman SachsHousing Market