I dont need to tell you that we are experiencing the biggest construction slump in history. We are hurting right now and PHH is not an exception. Folks are being laid off and the overall situation is grim. However: we can see some signs of recover right now and I would expect PHH to move away from the layoff mode and go into a hiring mode. Now, is this going to happen tomorrow? Probably not, PHH is not the most cautious firm and I'd say they'll start hiring ahead of the sector. I already see some positions listed for Addison, I would not be surprised if additional positions are open all over South and West. Just my two very humble and ignorant cents.
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