Weekley Adds Double The Amount Of Jobs In 2012

by David Weekley Homes

HOUSTON, TX: David Weekley Homes has hired 188 new employees company wide from January to June in 2012 compared to 90 new hires for the same period in 2011. Over 50% of the positions were newly created and many were returning employees seeking rehire. The added positions span the company, including construction, administrative, purchasing, professional and management functions.

This comes on the heels of news that US homebuilding stocks suffered a decline in June after job growth fell short of analysts expectations for the first time in 10 months. The Standard & Poor's 1500 Homebuilding Index (S15HOME) dropped to 8 percent June 1, 2012 based on job gain assessment.

“We are thrilled to be adding American jobs as we enjoy national growth, especially after the difficult times our industry has experienced during the recession,” John Johnson, CEO of David Weekley Homes, said. “Homebuilding is rebounding after weathering the current market for the past 6 years.”

Headquartered in Houston, David Weekley Homes added many jobs to the local economy in construction, sales, purchasing and in support roles. Houston has seen a 2.6 percent job growth in 2011 and is predicted by the Federal Reserve to top 2 percent for the third straight year. Nationally in 2012, non-farm job growth was better than expected in July, adding 163,000 total payroll employment verses a predicted 100,000 jobs.

About David Weekley Homes
David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 16 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes “America’s Best Builder,” “Builder of the Year,” and the “National Housing Quality Award.” Weekley has also appeared seven times on FORTUNE® magazine’s coveted “100 Best Companies to Work For” list. Since inception, David Weekley Homes has closed more than 70,000 homes. For more information about David Weekley Homes, visit the company’s web site at www.davidweekleyhomes.com

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