Google+
  • Ocwen22.94-0.68 -2.88%
  • Zillow118.36-1.85 -1.54%
  • Trulia50.83-0.64 -1.24%
  • NationStar29.97-0.16 -0.53%
  • CoreLogic33.22+0.10 +0.30%
  • RE/MAX33.45-0.12 -0.36%
  • Fannie Mae2.45-0.005 -0.20%
  • Freddie Mac2.39+0.01 +0.42%
  • Wells Fargo54.48+0.20 +0.37%
  • CitiMortgage53.97-0.16 -0.30%
  • Bank of America17.04-0.07 -0.41%
  • Fidelity National Financial32.40+0.32 +1.00%
  • First American32.01-0.14 -0.44%
  • AUDUSD=X0.8507N/A N/A
  • USDJPY=X118.645N/A N/A
  • WP Stock Ticker
Home | Tag Archives: Unemployment

Tag Archives: Unemployment

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.

Read More »

Industry Job Cuts Continue in Q2

unemployment-three

Despite growth in mortgage revenues at banks nationwide, industry employment continued to move down in the second quarter as banks cut staff, according to a report from Mortgage Daily. All of the reported cuts in the second quarter happened at banks, which lost approximately 28,600 jobs from the first quarter to the second.

Read More »

Employment Growth Falls Well Short of Expectations for August

unemployment

Employment growth in the United States took a sharp downturn in August, according to government figures released Friday. The Bureau of Labor Statistics reported an increase 142,000 in U.S. payrolls last month, well short of the 230,000 predicted by economists. August's sudden slowdown snaps a six-month streak in which payroll growth came in at 200,000 or higher.

Read More »

Is Unemployment Stifling the Housing Market?

The unemployment rate was unchanged in May, staying put at 6.3 percent with 9.8 million Americans unemployed. Unemployment is the lowest it has been since September 2008. However, RealtyTrac's Octavio Nuiry makes the case that there is more to unemployment than percentages, and that a hidden actor is depressing housing market growth—and could cause more problems in the future.

Read More »

U.S. Adds 217,000 New Jobs in May

After surpassing expectations in April, the labor market performed slightly better than anticipated in May, according to numbers released Friday by the Department of Labor. According to the government, the economy added 217,000 new jobs last month, beating out a consensus forecast of 213,000 among economists surveyed by Econoday. The gain—a retreat from April's downwardly revised estimate of 282,000 jobs added—left the national unemployment rate unchanged at 6.3 percent.

Read More »

Job Market Optimism Boosts Consumer Confidence

"Consumer confidence improved slightly in May, as consumers assessed current conditions, in particular the labor market, more favorably," said Lynn Franco, director of economic indicators at the Conference Board. "Expectations regarding the short-term outlook for the economy, jobs, and personal finances were also more upbeat."

Read More »
Scroll To Top