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  • Ocwen23.53+0.10 +0.43%
  • Zillow115.02-1.34 -1.15%
  • Trulia49.24-0.72 -1.44%
  • NationStar29.90+0.52 +1.77%
  • CoreLogic33.26+0.59 +1.81%
  • RE/MAX32.31+0.88 +2.80%
  • Fannie Mae2.49+0.03 +1.22%
  • Freddie Mac2.41+0.01 +0.42%
  • Wells Fargo53.81+0.33 +0.62%
  • CitiMortgage53.66+0.14 +0.26%
  • Bank of America17.12+0.12 +0.71%
  • Fidelity National Financial30.36-0.41 -1.33%
  • First American31.55+0.11 +0.35%
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Home | Tag Archives: Jobs

Tag Archives: Jobs

Unemployment Rate Low, But Number of Americans ‘Not in Labor Force’ Near All-Time High

unemployment

The October 2014 Employment Situation Summary released by the U.S. Bureau of Labor Statistics (BLS) on November 7 reported a nationwide unemployment rate of 5.8 percent, the lowest level in more than six years. However, a report released recently by the Pew Research Center indicates that while the U.S. unemployment rate is low, the number of people who are "not in the labor force," meaning they are not counted among the unemployed in the BLS survey, is near an all-time high.

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Freddie Mac: Housing Market Loses Ground

rates.drop

Of the four indicators tracked, only the employment gauge was in a stable spot, falling half a percent to 92.9 as the economy continues to show strong job growth. Among the other three, payment-to-income ratios and mortgage delinquency improved over the month, climbing to readings of 69.3 and 66.4, respectively.

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Consumer Spending Rises for Second Straight Month

money-five

The index tracks consumer cash flow through a handful of measures—tax burden, initial unemployment claims, real wages, and new home prices—as an indicator of future consumer spending. Out of those four gauges, only one improved: Real hourly wages were up 0.5 percent from August to $8.86 in September, Deloitte reported.

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