Podcast: Jobs and Wages Make Headlines
On the latest episode of Housing Developments, CEO Jim Tobin and SVP Paul Lopez discuss joint legislative activation by NAHB and the Home Builders Institute on the Job Corps defunding issue. Tobin and Lopez also address the Department of Labor’s proposed overtime rule, which could affect more than 3.6 million salaried workers and thousands of businesses, and other congressional activity heading into fall, including the impending vote on a continuing resolution to keep the government funded.
Listen to Housing Developments through your favorite podcast app, or watch this episode below.
Latest from NAHBNow
A key duty of owners and managers of residential construction firms is to create an environment where everyone is empowered to honestly discuss jobsite safety.
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have proposed targeted revisions to their Community Reinvestment Act (CRA) regulations.
Latest Economic News
Existing home sales continued to slow in July as record-high home prices and elevated mortgage rates weighed on buyers. Mortgage rates resumed an upward trend after the ceasefire ended in early July.
Demand for all types of residential mortgages was weaker, while lending standards for most were essentially unchanged in the second quarter of 2026, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS).
Wage growth for residential building workers continued to lose momentum in the second quarter of 2026, reflecting softer housing construction activity and weaker labor demand. According to the latest data from the U.S. Bureau of Labor Statistics, both nominal and inflation-adjusted wages have weakened further, extending the cooling trend that emerged after the strong wage gains of the post-pandemic period.